# PPP loan: RENEWABLE FIBER INC
> **$3.17M** approved 04/09/2020 · Paid in Full · Loan `1032147109`
## Borrower
- **Name:** RENEWABLE FIBER INC
- **Address:** 305 DENVER AVE Ste B, FORT LUPTON, CO, 80621-1800
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.17M
- **Initial approval:** $3.35M
- **Forgiven:** $3.20M (101%)
- **Forgiveness date:** 06/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.46M
- **Rent:** $375K
- **Utilities:** $30K
- **Health care:** $299K
- **Jobs reported:** 212
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*