# PPP loan: MERCED FACULTY ASSOCIATES MEDICAL GROUP, INC.
> **$2.27M** approved 04/14/2020 · Paid in Full · Loan `6206277106`
## Borrower
- **Name:** MERCED FACULTY ASSOCIATES MEDICAL GROUP, INC.
- **Address:** 1763 GROGAN AVE, MERCED, CA, 95341-6455
- **NAICS:** 621112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.27M
- **Initial approval:** $2.27M
- **Forgiven:** $2.30M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.27M
- **Jobs reported:** 181
## Lender
- **Originating:** Community West Bank
- **Servicing:** Community West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*