# PPP loan: PARAMOUNT HOME CARE AGENCY INC
> **$1.95M** approved 05/18/2020 · Paid in Full · Loan `8311517401`
## Borrower
- **Name:** PARAMOUNT HOME CARE AGENCY INC
- **Address:** 161 Kings Hwy Suite 2, Brooklyn, NY, 11223
- **NAICS:** 621610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.95M
- **Initial approval:** $7.37M
- **Forgiven:** $1.99M (102%)
- **Forgiveness date:** 05/25/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.95M
- **Jobs reported:** 500
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*