# PPP loan: PANACEA - O'NEILL MEDICAL GROUP, INC.
> **$194K** approved 04/09/2020 · Paid in Full · Loan `9112337005`
## Borrower
- **Name:** PANACEA - O'NEILL MEDICAL GROUP, INC.
- **Address:** 104 Spenryn Dr., MADISON, AL, 35758-1890
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $198K (102%)
- **Forgiveness date:** 07/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $146K
- **Mortgage interest:** $24K
- **Utilities:** $24K
- **Jobs reported:** 10
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*