# PPP loan: ELITE CARE INC.
> **$240K** approved 04/30/2020 · Paid in Full · Loan `6784617310`
## Borrower
- **Name:** ELITE CARE INC.
- **Address:** 2829 NORTH AVE, GRAND JUNCTION, CO, 81501-5368
- **NAICS:** 621610
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 23
## Lender
- **Originating:** Community Banks of Colorado, A Division of
- **Servicing:** Community Banks of Colorado, A Division of (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*