# PPP loan: OBSTETRICS & GYNECOLOGY ASSOCIATES OF NORTHWEST ALABAMA, P.C
> **$563K** approved 04/07/2020 · Paid in Full · Loan `6981667008`
## Borrower
- **Name:** OBSTETRICS & GYNECOLOGY ASSOCIATES OF NORTHWEST ALABAMA, P.C
- **Address:** 2407 HELTON DR, FLORENCE, AL, 35630-1067
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $563K
- **Initial approval:** $563K
- **Forgiven:** $570K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $448K
- **Rent:** $52K
- **Utilities:** $12K
- **Health care:** $51K
- **Jobs reported:** 56
## Lender
- **Originating:** Bank Independent
- **Servicing:** Bank Independent (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*