# PPP loan: PARAM HEALTHCARE & IT SERVICES INC.
> **$1.00M** approved 04/12/2020 · Paid in Full · Loan `3886657101`
## Borrower
- **Name:** PARAM HEALTHCARE & IT SERVICES INC.
- **Address:** 200 MIDDLESEX TPKE, ISELIN, NJ, 08830-1826
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Jobs reported:** 192
## Lender
- **Originating:** Northfield Bank
- **Servicing:** Northfield Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*