# PPP loan: ROCKY MOUNTAIN CHOCOLATE FACTORY INC
> **$1.43M** approved 04/10/2020 · Paid in Full · Loan `1970597100`
## Borrower
- **Name:** ROCKY MOUNTAIN CHOCOLATE FACTORY INC
- **Address:** 265 Turner Dr, DURANGO, CO, 81303-7941
- **NAICS:** 311352
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.43M
- **Initial approval:** $1.43M
- **Forgiven:** $1.44M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.43M
- **Jobs reported:** 248
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*