# PPP loan: QMED CORPORATION
> **$1.63M** approved 04/16/2020 · Paid in Full · Loan `2354237207`
## Borrower
- **Name:** QMED CORPORATION
- **Address:** 2281 GRIFFIN ROAD,, FORT LAUDERDALE, FL, 33312-5915
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.63M
- **Initial approval:** $1.63M
- **Forgiven:** $1.65M (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.63M
- **Jobs reported:** 138
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*