# PPP loan: VEMAX HEALTHCARE SERVICES INC
> **$268K** approved 04/28/2020 · Paid in Full · Loan `1707607300`
## Borrower
- **Name:** VEMAX HEALTHCARE SERVICES INC
- **Address:** 10715 VALLEY HILLS DR, HOUSTON, TX, 77071-1603
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $254K (95%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $201K
- **Mortgage interest:** $33K
- **Utilities:** $33K
- **Jobs reported:** 83
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*