# PPP loan: AMERICAN MEDICAL GROUP INC
> **$934K** approved 02/17/2021 · Paid in Full · Loan `9405408405`
## Borrower
- **Name:** AMERICAN MEDICAL GROUP INC
- **Address:** 2410 N Fowler St Ste B, Hobbs, NM, 88240-2312
- **NAICS:** 621498
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $934K
- **Initial approval:** $934K
- **Forgiven:** $944K (101%)
- **Forgiveness date:** 03/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $934K
- **Utilities:** $1
- **Jobs reported:** 95
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*