# PPP loan: MEDOLAC LABORATORIES, A PUBLIC BENEFIT CORPORATION
> **$306K** approved 04/30/2020 · Charged Off · Loan `4789137308`
## Borrower
- **Name:** MEDOLAC LABORATORIES, A PUBLIC BENEFIT CORPORATION
- **Address:** 1031 Nevada Hwy, Boulder City, NV, 89005
- **NAICS:** 621511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $230K
- **Rent:** $77K
- **Jobs reported:** 26
## Lender
- **Originating:** Greater Nevada CU
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*