# PPP loan: SOUTHLAKE ORTHOPAEDICS SPORTS MEDICINE & SPINE CENTER, PC
> **$1.46M** approved 04/27/2020 · Paid in Full · Loan `5026957205`
## Borrower
- **Name:** SOUTHLAKE ORTHOPAEDICS SPORTS MEDICINE & SPINE CENTER, PC
- **Address:** 4517 SOUTHLAKE PARKWAY, HOOVER, AL, 35244-3280
- **NAICS:** 621111
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.46M
- **Initial approval:** $1.26M
- **Forgiven:** $1.47M (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.10M
- **Rent:** $273K
- **Utilities:** $66K
- **Debt interest:** $20K
- **Jobs reported:** 143
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*