# PPP loan: AGAPITO ASSOCIATES INC.
> **$630K** approved 01/19/2021 · Exemption 4 · Loan `1671888307`
## Borrower
- **Name:** AGAPITO ASSOCIATES INC.
- **Address:** 715 Horizon Dr Ste 340, Grand Junction, CO, 81506-8727
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $630K
- **Initial approval:** $630K
- **Forgiven:** $554K (88%)
- **Forgiveness date:** 09/09/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $630K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Timberline Bank
- **Servicing:** Timberline Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*