# PPP loan: COLONY ONE AUTO CENTER INC
> **$245K** approved 02/06/2021 · Paid in Full · Loan `4122038409`
## Borrower
- **Name:** COLONY ONE AUTO CENTER INC
- **Address:** 1131 Dulles Ave, Stafford, TX, 77477-5706
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 05/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $244K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Amerant Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*