# PPP loan: MEDWOOD SERVICES, LLC
> **$605K** approved 04/28/2020 · Paid in Full · Loan `7113697207`
## Borrower
- **Name:** MEDWOOD SERVICES, LLC
- **Address:** 8618 JAMAICA AVE, WOODHAVEN, NY, 11421-2042
- **NAICS:** 621111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $605K
- **Initial approval:** $605K
- **Forgiven:** $610K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Mortgage interest:** $17K
- **Health care:** $38K
- **Jobs reported:** 51
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*