# PPP loan: MEDICAL COLLECTION SYSTEMS INC
> **$362K** approved 04/05/2020 · Paid in Full · Loan `5345017006`
## Borrower
- **Name:** MEDICAL COLLECTION SYSTEMS INC
- **Address:** 3675 J DEWEY GRAY CIR SUITE 300, AUGUSTA, GA, 30909-1868
- **NAICS:** 541219
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $366K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $289K
- **Mortgage interest:** $36K
- **Health care:** $36K
- **Jobs reported:** 40
## Lender
- **Originating:** Queensborough National Bank and Trust Company
- **Servicing:** Queensborough National Bank and Trust Company (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*