# PPP loan: JOSEPH A RUSSO MD PC
> **$456K** approved 05/01/2020 · Paid in Full · Loan `8046887307`
## Borrower
- **Name:** JOSEPH A RUSSO MD PC
- **Address:** 575 Boylston St, Newton Center, MA, 02459
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $456K
- **Initial approval:** $456K
- **Forgiven:** $462K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Rent:** $68K
- **Utilities:** $23K
- **Jobs reported:** 24
## 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*