# PPP loan: MED SAVER, INC.
> **$152K** approved 04/28/2020 · Paid in Full · Loan `7722147201`
## Borrower
- **Name:** MED SAVER, INC.
- **Address:** 1220 Valley Forge Road #34, Phoenixville, PA, 19460
- **NAICS:** 423450
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Rent:** $15K
- **Utilities:** $3K
- **Health care:** $12K
- **Jobs reported:** 9
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*