# PPP loan: MICHAEL A MCALEESE OD PA
> **$199K** approved 04/06/2020 · Paid in Full · Loan `5634247001`
## Borrower
- **Name:** MICHAEL A MCALEESE OD PA
- **Address:** 51 Brewster Circle, OLD BRIDGE, NJ, 08857-3612
- **NAICS:** 621320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Rent:** $48K
- **Utilities:** $90
- **Jobs reported:** 24
## Lender
- **Originating:** Stearns 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*