# PPP loan: PHYSICAL THERAPY ASSOCIATES OF SCHENECTADY
> **$572K** approved 04/14/2020 · Paid in Full · Loan `6738357107`
## Borrower
- **Name:** PHYSICAL THERAPY ASSOCIATES OF SCHENECTADY
- **Address:** 1533 Union Street, SCHENECTADY, NY, 12309
- **NAICS:** 621340
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $572K
- **Initial approval:** $572K
- **Forgiven:** $580K (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $429K
- **Rent:** $72K
- **Utilities:** $72K
- **Jobs reported:** 45
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*