# PPP loan: ZAK MEDICAL CORP
> **$228K** approved 04/27/2020 · Paid in Full · Loan `4548917207`
## Borrower
- **Name:** ZAK MEDICAL CORP
- **Address:** 73710 ALESSANDRO DR, PALM DESERT, CA, 92260-3638
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Mortgage interest:** $25K
- **Utilities:** $3K
- **Jobs reported:** 16
## Lender
- **Originating:** The Farmers & Merchants Bank
- **Servicing:** The Farmers & Merchants Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*