# PPP loan: MED ALLIANCE GROUP, INC.
> **$169K** approved 04/06/2020 · Paid in Full · Loan `6168957009`
## Borrower
- **Name:** MED ALLIANCE GROUP, INC.
- **Address:** 2175 OAKLAND DRIVE, SYCAMORE, IL, 60178-3167
- **NAICS:** 423450
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $133K
- **Rent:** $36K
- **Jobs reported:** 16
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*