# PPP loan: MEDCARE INC
> **$263K** approved 04/07/2020 · Paid in Full · Loan `7075217005`
## Borrower
- **Name:** MEDCARE INC
- **Address:** 165 Walnut Street, ARLINGTON, KY, 42021-9000
- **NAICS:** 446110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Jobs reported:** 23
## Lender
- **Originating:** First Community Bank of the Heartland, Inc.
- **Servicing:** First Community Bank of the Heartland, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*