# PPP loan: MULTI-THERAPEUTIC SERVICES INC
> **$269K** approved 04/30/2020 · Exemption 4 · Loan `7597327305`
## Borrower
- **Name:** MULTI-THERAPEUTIC SERVICES INC
- **Address:** 8380 CHEVAL STREET, CLEMMONS, NC, 27012
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $269K
- **Initial approval:** $269K
- **Forgiven:** $41K (15%)
- **Forgiveness date:** 03/14/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $269K
- **Jobs reported:** 33
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*