# PPP loan: ELDERCARE MANAGEMENT SERVICES, INC
> **$377K** approved 04/07/2020 · Paid in Full · Loan `6716507005`
## Borrower
- **Name:** ELDERCARE MANAGEMENT SERVICES, INC
- **Address:** 2500 S Old Highway 94, Ste 104, SAINT CHARLES, MO, 63303
- **NAICS:** 623110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $377K
- **Initial approval:** $189K
- **Forgiven:** $381K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $282K
- **Rent:** $94K
- **Jobs reported:** 26
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*