# PPP loan: SPORTS MEDICINE ASSOCIATES OF AUGUSTA LLC
> **$588K** approved 04/05/2020 · Paid in Full · Loan `5300917001`
## Borrower
- **Name:** SPORTS MEDICINE ASSOCIATES OF AUGUSTA LLC
- **Address:** 1706 MAGNOLIA WAY, AUGUSTA, GA, 30909-9481
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $588K
- **Initial approval:** $588K
- **Forgiven:** $592K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $470K
- **Mortgage interest:** $59K
- **Utilities:** $59K
- **Jobs reported:** 67
## Lender
- **Originating:** Queensborough National Bank and Trust Company
- **Servicing:** Queensborough National Bank and Trust Company (GA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*