# PPP loan: VERNS INC
> **$364K** approved 01/21/2021 · Paid in Full · Loan `2720508300`
## Borrower
- **Name:** VERNS INC
- **Address:** 4120 W County Road 54G, Laporte, CO, 80535-9359
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $364K
- **Initial approval:** $364K
- **Forgiven:** $366K (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $364K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Bank of Colorado
- **Servicing:** Bank of Colorado (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*