# PPP loan: MDL CONTRACTING, INC.
> **$1.12M** approved 04/14/2020 · Paid in Full · Loan `7415527110`
## Borrower
- **Name:** MDL CONTRACTING, INC.
- **Address:** 5502 TODD ACRES DR,, MOBILE, AL, 36619-9282
- **NAICS:** 236210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Jobs reported:** 245
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*