# PPP loan: RAUMEDIC, INC
> **$1.24M** approved 05/02/2020 · Paid in Full · Loan `9718097304`
## Borrower
- **Name:** RAUMEDIC, INC
- **Address:** 235 BROADPOINTE DR, MILLS RIVER, NC, 28759-4995
- **NAICS:** 339112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Jobs reported:** 89
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*