# PPP loan: LOFTS MEDICAL ASSOCIATES
> **$171K** approved 04/27/2020 · Paid in Full · Loan `4609977208`
## Borrower
- **Name:** LOFTS MEDICAL ASSOCIATES
- **Address:** 105 Parsons Lane, Newtown, PA, 18940
- **NAICS:** 621112
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 12
## Lender
- **Originating:** Fund-Ex Solutions Group, LLC
- **Servicing:** Fund-Ex Solutions Group, LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*