# PPP loan: MERDIAN PSYCHIATRIC PARTNERS, LLC
> **$607K** approved 04/15/2020 · Paid in Full · Loan `8559777108`
## Borrower
- **Name:** MERDIAN PSYCHIATRIC PARTNERS, LLC
- **Address:** 625 N MICHIGAN AVE 2550, Cook, IL, 60611-3182
- **NAICS:** 621112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $607K
- **Initial approval:** $607K
- **Forgiven:** $611K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $486K
- **Rent:** $96K
- **Utilities:** $8K
- **Health care:** $12K
- **Debt interest:** $6K
- **Jobs reported:** 33
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*