# PPP loan: MED-CARE. INC
> **$191K** approved 04/04/2020 · Paid in Full · Loan `4631907009`
## Borrower
- **Name:** MED-CARE. INC
- **Address:** 52 Ponderosa Ct, GRAND ISLAND, NE, 68803-9673
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $191K
- **Initial approval:** $191K
- **Forgiven:** $193K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Rent:** $18K
- **Utilities:** $2K
- **Jobs reported:** 20
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*