# PPP loan: BIG SPRINGS MEDICAL ASSOCIATION INC.
> **$1.61M** approved 04/04/2020 · Paid in Full · Loan `4854887002`
## Borrower
- **Name:** BIG SPRINGS MEDICAL ASSOCIATION INC.
- **Address:** 110 South 2nd Street, ELLINGTON, MO, 63638-9400
- **NAICS:** 621112
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.61M
- **Jobs reported:** 176
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*