# PPP loan: SPORTSMED PT, LLC
> **$1.07M** approved 04/07/2020 · Paid in Full · Loan `7601677004`
## Borrower
- **Name:** SPORTSMED PT, LLC
- **Address:** 266 Harristown Rd Unit 304, GLEN ROCK, NJ, 07452-2808
- **NAICS:** 621340
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $803K
- **Utilities:** $268K
- **Jobs reported:** 67
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*