# PPP loan: AM-MED INC
> **$328K** approved 03/24/2021 · Paid in Full · Loan `7941868604`
## Borrower
- **Name:** AM-MED INC
- **Address:** 6101 Central Ave, St Petersburg, FL, 33710-8529
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 04/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $328K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*