# PPP loan: CAROLINA HOME MEDICAL EQUIPMENT INC
> **$429K** approved 04/08/2020 · Paid in Full · Loan `8822207001`
## Borrower
- **Name:** CAROLINA HOME MEDICAL EQUIPMENT INC
- **Address:** 901 SAM NEWELL RD, MATTHEWS, NC, 28105-4517
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $429K
- **Jobs reported:** 47
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*