# PPP loan: ORTHOPEDIC ASSOCIATES PA
> **$650K** approved 04/03/2020 · Paid in Full · Loan `4503427002`
## Borrower
- **Name:** ORTHOPEDIC ASSOCIATES PA
- **Address:** 2300 E 30th St, FARMINGTON, NM, 87401-8989
- **NAICS:** 621111
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $650K
- **Initial approval:** $650K
- **Forgiven:** $654K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $558K
- **Rent:** $63K
- **Utilities:** $30K
- **Jobs reported:** 53
## Lender
- **Originating:** The Citizens Bank
- **Servicing:** The Citizens Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*