# PPP loan: PROFESSIONAL MEDICAL BILLING, LTD., INC.
> **$315K** approved 04/04/2020 · Paid in Full · Loan `4937407004`
## Borrower
- **Name:** PROFESSIONAL MEDICAL BILLING, LTD., INC.
- **Address:** 3758 Bay Road, Saginaw, MI, 48603
- **NAICS:** 561410
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $315K
- **Jobs reported:** 39
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*