# PPP loan: COLORADO MEDICAL EQUIPMENT INC
> **$768K** approved 05/01/2020 · Paid in Full · Loan `1499237704`
## Borrower
- **Name:** COLORADO MEDICAL EQUIPMENT INC
- **Address:** 486 S Pierce Ave Ste B, Louisville, CO, 80027
- **NAICS:** 423440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $768K
- **Initial approval:** $768K
- **Forgiven:** $775K (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $632K
- **Rent:** $62K
- **Utilities:** $4K
- **Health care:** $70K
- **Jobs reported:** 34
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*