# PPP loan: TRUSTCARE HOME MEDICAL EQUIPMENT INC.
> **$402K** approved 04/10/2020 · Paid in Full · Loan `1282937102`
## Borrower
- **Name:** TRUSTCARE HOME MEDICAL EQUIPMENT INC.
- **Address:** 8677 TELEGRAPH RD, GLEN ALLEN, VA, 23060-4030
- **NAICS:** 423450
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $402K
- **Initial approval:** $402K
- **Forgiven:** $405K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Rent:** $20K
- **Utilities:** $20K
- **Health care:** $14K
- **Jobs reported:** 32
## Lender
- **Originating:** Locus Bank Inc
- **Servicing:** Locus Bank Inc (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*