# PPP loan: COLTON GROUP INC
> **$550K** approved 04/11/2020 · Paid in Full · Loan `3048947106`
## Borrower
- **Name:** COLTON GROUP INC
- **Address:** 1430 RICHARDSON ST, SAN BERNARDINO, CA, 92408-2962
- **NAICS:** 444190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $650K
- **Forgiven:** $554K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Jobs reported:** 33
## Lender
- **Originating:** Sunwest Bank
- **Servicing:** Sunwest Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*