# PPP loan: COLONY ONE AUTO CENTER INC
> **$245K** approved 04/09/2020 · Paid in Full · Loan `1090177105`
## Borrower
- **Name:** COLONY ONE AUTO CENTER INC
- **Address:** 1131 DULLES AVE, STAFFORD, TX, 77477-5706
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Mortgage interest:** $29K
- **Utilities:** $10K
- **Health care:** $10K
- **Jobs reported:** 17
## Lender
- **Originating:** Amerant Bank, National Association
- **Servicing:** Amerant Bank, National Association (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*