# PPP loan: MD SURGICAL PRODUCTS INC
> **$156K** approved 04/27/2020 · Paid in Full · Loan `4548597207`
## Borrower
- **Name:** MD SURGICAL PRODUCTS INC
- **Address:** 4 IRIS CT, NEWTOWN, PA, 18940-3205
- **NAICS:** 423450
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $125K
- **Mortgage interest:** $16K
- **Utilities:** $16K
- **Jobs reported:** 9
## Lender
- **Originating:** The First National Bank and Trust Company of Newtown
- **Servicing:** The First National Bank and Trust Company of Newtown (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*