# PPP loan: MEDICAL BILLING RESOURCES, INC
> **$229K** approved 04/27/2020 · Paid in Full · Loan `5549557202`
## Borrower
- **Name:** MEDICAL BILLING RESOURCES, INC
- **Address:** 28237 ORCHARD LAKE RD STE 100, FARMINGTON HILLS, MI, 48334-3743
- **NAICS:** 541219
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $229K
- **Jobs reported:** 14
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*