# PPP loan: COBURN DEVELOPMENT INC.
> **$503K** approved 03/13/2021 · Paid in Full · Loan `2278448607`
## Borrower
- **Name:** COBURN DEVELOPMENT INC.
- **Address:** 2718 Pine St Unit 100, Boulder, CO, 80302-3869
- **NAICS:** 531120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $503K
- **Initial approval:** $503K
- **Forgiven:** $505K (100%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $503K
- **Jobs reported:** 35
## Lender
- **Originating:** Community Banks of Colorado, A Division of
- **Servicing:** Community Banks of Colorado, A Division of (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*