# PPP loan: CAREMED INC
> **$641K** approved 02/08/2021 · Paid in Full · Loan `5264878403`
## Borrower
- **Name:** CAREMED INC
- **Address:** 5520 Newbys Bridge Rd, Chesterfield, VA, 23832-7537
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $641K
- **Initial approval:** $641K
- **Forgiven:** $649K (101%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $641K
- **Utilities:** $1
- **Jobs reported:** 268
## Lender
- **Originating:** Citizens and Farmers Bank
- **Servicing:** Citizens and Farmers Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*