# PPP loan: SIMEDHEALTH LLC
> **$6.12M** approved 04/08/2020 · Paid in Full · Loan `8831917004`
## Borrower
- **Name:** SIMEDHEALTH LLC
- **Address:** 4343 W NEWBERRY ROAD SUITE 18, GAINESVILLE, FL, 32607-2826
- **NAICS:** 621111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $6.12M
- **Initial approval:** $6.12M
- **Forgiven:** $6.20M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.59M
- **Rent:** $765K
- **Utilities:** $765K
- **Jobs reported:** 474
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*