# PPP loan: ULRICH MEDICAL CONCEPTS INC
> **$354K** approved 04/05/2020 · Paid in Full · Loan `5381417005`
## Borrower
- **Name:** ULRICH MEDICAL CONCEPTS INC
- **Address:** 1640 MCCRACKEN BLVD, PADUCAH, KY, 42001-9019
- **NAICS:** 541219
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $356K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Rent:** $35K
- **Utilities:** $7K
- **Jobs reported:** 33
## Lender
- **Originating:** The Paducah Bank and Trust Company
- **Servicing:** The Paducah Bank and Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*