# PPP loan: RESPITE CARE INC
> **$248K** approved 04/04/2020 · Paid in Full · Loan `4948957000`
## Borrower
- **Name:** RESPITE CARE INC
- **Address:** 6203 S LEMAY AVE, FORT COLLINS, CO, 80525-9436
- **NAICS:** 624410
- **Business type:** Non-Profit Childcare Center
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Rent:** $10K
- **Health care:** $40K
- **Jobs reported:** 47
## Lender
- **Originating:** Bank of Colorado
- **Servicing:** Bank of Colorado (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*