# PPP loan: PRACTICE MANAGEMENT INFORMATION CORPORATION
> **$268K** approved 02/06/2021 · Exemption 4 · Loan `4804398409`
## Borrower
- **Name:** PRACTICE MANAGEMENT INFORMATION CORPORATION
- **Address:** 4727 Wilshire Blvd Ste 302, Los Angeles, CA, 90010-3933
- **NAICS:** 519130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $203K (76%)
- **Forgiveness date:** 01/10/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $267K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*