# PPP loan: CARECO MEDICAL, INC.
> **$296K** approved 04/15/2020 · Paid in Full · Loan `9758967103`
## Borrower
- **Name:** CARECO MEDICAL, INC.
- **Address:** 398 WILLETTS AVENUE, WATERFORD, CT, 06385-3013
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Jobs reported:** 23
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*