# PPP loan: ELDERCARE INSTITUTE INC
> **$191K** approved 04/08/2020 · Paid in Full · Loan `8352567009`
## Borrower
- **Name:** ELDERCARE INSTITUTE INC
- **Address:** 1130 BRADSHAW DR, FLORENCE, AL, 35630-1438
- **NAICS:** 621610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $191K
- **Initial approval:** $191K
- **Forgiven:** $193K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $143K
- **Health care:** $48K
- **Jobs reported:** 41
## Lender
- **Originating:** First Southern Bank
- **Servicing:** First Southern Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*