# PPP loan: MICHAEL LAW MD PA
> **$161K** approved 02/11/2021 · Paid in Full · Loan `7176538405`
## Borrower
- **Name:** MICHAEL LAW MD PA
- **Address:** 10941 Raven Ridge Rd Ste 101, Raleigh, NC, 27614-6487
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $161K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*