# PPP loan: SPECIALTY MEDCARE, INC.
> **$292K** approved 04/06/2020 · Paid in Full · Loan `6446697004`
## Borrower
- **Name:** SPECIALTY MEDCARE, INC.
- **Address:** 2222 NORTH NEVADA AVE SUITE 100, COLORADO SPRINGS, CO, 80907-6794
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Health care:** $38K
- **Jobs reported:** 16
## Lender
- **Originating:** Stockmens Bank
- **Servicing:** Stockmens Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*