# PPP loan: COLE PHYSICAL THERAPY, INCORPORATED
> **$244K** approved 04/05/2020 · Paid in Full · Loan `5564817010`
## Borrower
- **Name:** COLE PHYSICAL THERAPY, INCORPORATED
- **Address:** 1316 S STATE HIGHWAY 16, FREDERICKSBURG, TX, 78624-5058
- **NAICS:** 621340
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $15K
- **Utilities:** $3K
- **Health care:** $6K
- **Jobs reported:** 24
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*