# PPP loan: PRACTICE MANAGEMENT OF AMERICA, INC.
> **$825K** approved 04/13/2020 · Paid in Full · Loan `4562477104`
## Borrower
- **Name:** PRACTICE MANAGEMENT OF AMERICA, INC.
- **Address:** 994 W JERICHO TPKE STE 202A, SMITHTOWN, NY, 11787-3207
- **NAICS:** 561110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $825K
- **Initial approval:** $825K
- **Forgiven:** $833K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $660K
- **Rent:** $165K
- **Jobs reported:** 80
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*