# PPP loan: ASSOCIATES IN PSYCHIATRY AND PSYCHOLOGY, P.A.
> **$188K** approved 05/19/2020 · Paid in Full · Loan `8945757405`
## Borrower
- **Name:** ASSOCIATES IN PSYCHIATRY AND PSYCHOLOGY, P.A.
- **Address:** 3101 SUPERIOR DR NW, ROCHESTER, MN, 55901-1993
- **NAICS:** 621112
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Rent:** $42K
- **Utilities:** $2K
- **Health care:** $3K
- **Jobs reported:** 13
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*