# PPP loan: ORTHOPAEDIC SURGICAL ASSOCIATES OF LOWELL, INC
> **$1.53M** approved 04/14/2020 · Paid in Full · Loan `6232687104`
## Borrower
- **Name:** ORTHOPAEDIC SURGICAL ASSOCIATES OF LOWELL, INC
- **Address:** 14 RESEARCH PL, NORTH CHELMSFORD, MA, 01863-2460
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Rent:** $146K
- **Mortgage interest:** $5K
- **Utilities:** $4K
- **Health care:** $134K
- **Jobs reported:** 68
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*