PPP Loan information for Caremed inc

$641,000

Caremed inc was initially approved for PPP Loan of amount $641,000, the current approved amount is $641,000. The loan was approved on 02/08/2021 by The Citizens and Farmers Bank reported 268 jobs and $641,000 was used to fund payroll.

Caremed inc is Existing or more than 2 years old

PPP Loan Search / VA / Chesterfield / Caremed inc

CAREMED INC

Date Approved

02/08/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CAREMED INC

Borrower Address

5520 Newbys Bridge Rd

Borrower City

Chesterfield

Borrower State

VA

Borrower Zip

23832-7537

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

641000.00

Current Approval Amount

641000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74135

Servicing Lender Name

Citizens and Farmers Bank

Servicing Lender Address

415 14th St

Servicing Lender City

WEST POINT

Servicing Lender State

VA

Servicing Lender Zip

23181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesterfield

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23832-7537

CD

VA-04

Jobs Reported

268

NAICS Code

621610

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

640995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

74135

Originating Lender

Citizens and Farmers Bank

Originating Lender City

WEST POINT

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

648516.38

Forgiveness Date

04/14/2022

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