# PPP loan: MED-STOPS MEDICAL CLINIC, INC
> **$346K** approved 04/28/2020 · Paid in Full · Loan `6874427207`
## Borrower
- **Name:** MED-STOPS MEDICAL CLINIC, INC
- **Address:** 283 MADONNA RD STE B, SN LUIS OBISP, CA, 93405-5432
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $349K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $319K
- **Rent:** $22K
- **Utilities:** $5K
- **Jobs reported:** 30
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*