# PPP loan: MEDICAL BUSINESS ASSOCIATES, INC,
> **$164K** approved 04/07/2020 · Paid in Full · Loan `7362657000`
## Borrower
- **Name:** MEDICAL BUSINESS ASSOCIATES, INC,
- **Address:** 580 Oakmont Lane, WESTMONT, IL, 60559-3700
- **NAICS:** 541618
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 13
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*