# PPP loan: SOUTHBRIDGE MEDICAL ADVISORY COUNCIL INC.
> **$571K** approved 04/03/2021 · Paid in Full · Loan `6195298700`
## Borrower
- **Name:** SOUTHBRIDGE MEDICAL ADVISORY COUNCIL INC.
- **Address:** 601 New Castle Ave, Wilmington, DE, 19801-5821
- **NAICS:** 621112
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $571K
- **Initial approval:** $571K
- **Forgiven:** $583K (102%)
- **Forgiveness date:** 05/08/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $571K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*