# PPP loan: MEDRHYTHMS INC.
> **$278K** approved 04/07/2020 · Paid in Full · Loan `7449627005`
## Borrower
- **Name:** MEDRHYTHMS INC.
- **Address:** 183 Middle Street Suite 300, PORTLAND, ME, 04101-4003
- **NAICS:** 621340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Jobs reported:** 17
## Lender
- **Originating:** Machias Savings Bank
- **Servicing:** Machias Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*