# PPP loan: MEDICS USA INC
> **$227K** approved 05/01/2020 · Paid in Full · Loan `7578107706`
## Borrower
- **Name:** MEDICS USA INC
- **Address:** 16882 CLARKES GAP RD, PAEONIAN SPRINGS, VA, 20129-1711
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $227K
- **Jobs reported:** 20
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*