# PPP loan: MEDINSTILL DEVELOPMENT LLC
> **$577K** approved 04/28/2020 · Paid in Full · Loan `8206607206`
## Borrower
- **Name:** MEDINSTILL DEVELOPMENT LLC
- **Address:** 201 HOUSATONIC AVENUE, NEW MILFORD, CT, 06776-5540
- **NAICS:** 339112
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $577K
- **Initial approval:** $577K
- **Forgiven:** $581K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $433K
- **Utilities:** $144K
- **Jobs reported:** 30
## Lender
- **Originating:** Interaudi Bank
- **Servicing:** Interaudi Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*