# PPP loan: MEDICAL EYE CENTER, INC
> **$1.50M** approved 04/05/2020 · Paid in Full · Loan `5222197003`
## Borrower
- **Name:** MEDICAL EYE CENTER, INC
- **Address:** 1333 E BARNETT RD, MEDFORD, OR, 97504-8219
- **NAICS:** 621320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.43M
- **Mortgage interest:** $50K
- **Utilities:** $25K
- **Jobs reported:** 120
## Lender
- **Originating:** Peoples Bank of Commerce
- **Servicing:** Peoples Bank of Commerce (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*