# PPP loan: MED-LOGICS, INC.
> **$203K** approved 04/28/2020 · Paid in Full · Loan `7654267210`
## Borrower
- **Name:** MED-LOGICS, INC.
- **Address:** 1627 Enterprise Street, ATHENS, TX, 75751
- **NAICS:** 339112
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Mortgage interest:** $10K
- **Utilities:** $10K
- **Health care:** $4K
- **Debt interest:** $10K
- **Jobs reported:** 19
## Lender
- **Originating:** The Citizens National Bank of Hillsboro
- **Servicing:** The Citizens National Bank of Hillsboro (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*