# PPP loan: ADMED INC.
> **$426K** approved 04/11/2020 · Paid in Full · Loan `3356487101`
## Borrower
- **Name:** ADMED INC.
- **Address:** 122 Union Square Drive, New Hope, PA, 18938-1365
- **NAICS:** 541810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $426K
- **Initial approval:** $426K
- **Forgiven:** $430K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $426K
- **Jobs reported:** 29
## Lender
- **Originating:** Fulton Bank National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*