# PPP loan: VETMED BUSINESS MANAGEMENT INC
> **$385K** approved 05/01/2020 · Paid in Full · Loan `5955787708`
## Borrower
- **Name:** VETMED BUSINESS MANAGEMENT INC
- **Address:** 5486 INDEPENDENCE PKWY, FRISCO, TX, 75035-4640
- **NAICS:** 561110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $385K
- **Initial approval:** $385K
- **Forgiven:** $368K (96%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $385K
- **Jobs reported:** 50
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*