# PPP loan: NOVASPINE PAIN INSTITUTE, PLC
> **$681K** approved 04/13/2020 · Paid in Full · Loan `5166657102`
## Borrower
- **Name:** NOVASPINE PAIN INSTITUTE, PLC
- **Address:** 3645 S Rome St Ste 204, GILBERT, AZ, 85297-7335
- **NAICS:** 621111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $681K
- **Initial approval:** $681K
- **Forgiven:** $690K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $511K
- **Rent:** $170K
- **Jobs reported:** 48
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*