# PPP loan: CARDIOMEDIX INC
> **$225K** approved 05/01/2020 · Paid in Full · Loan `1155757703`
## Borrower
- **Name:** CARDIOMEDIX INC
- **Address:** 2800 S RIVER RD STE 420, DES PLAINES, IL, 60018
- **NAICS:** 621511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $330
- **Rent:** $15K
- **Utilities:** $9K
- **Health care:** $6K
- **Debt interest:** $2K
- **Jobs reported:** 260
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*