# PPP loan: PEDIATRIC CARE OF CHELSEA, P.C.
> **$242K** approved 04/06/2020 · Paid in Full · Loan `5716477004`
## Borrower
- **Name:** PEDIATRIC CARE OF CHELSEA, P.C.
- **Address:** 19736 Deerfield Ct, CHELSEA, MI, 48118-9316
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Rent:** $51K
- **Utilities:** $3K
- **Health care:** $7K
- **Jobs reported:** 28
## Lender
- **Originating:** Chelsea State Bank
- **Servicing:** Chelsea State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*