PPP Loan information for Caremed, inc.

$641,000

Caremed, inc. was initially approved for PPP Loan of amount $613,250, the current approved amount is $641,000. The loan was approved on 04/27/2020 by The Citizens and Farmers Bank reported 235 jobs and $641,000 was used to fund payroll.

Caremed, inc. is Existing or more than 2 years old

CAREMED, INC.

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CAREMED, INC.

Borrower Address

7300 Hull Street Road

Borrower City

RICHMOND

Borrower State

VA

Borrower Zip

23235

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

613250.00

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

RICHMOND

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23235-0001

CD

VA-04

Jobs Reported

235

NAICS Code

621610

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

641000.00

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

648955.42

Forgiveness Date

07/27/2021

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