# PPP loan: TLC PIPELINE CONSTRUCTION, INC
> **$2.43M** approved 04/13/2020 · Exemption 4 · Loan `4578867108`
## Borrower
- **Name:** TLC PIPELINE CONSTRUCTION, INC
- **Address:** 213 DIAMOND LOOP, PARACHUTE, CO, 81635-7816
- **NAICS:** 237120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.43M
- **Initial approval:** $2.43M
- **Forgiven:** $1.70M (70%)
- **Forgiveness date:** 06/09/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.82M
- **Rent:** $606K
- **Jobs reported:** 124
## Lender
- **Originating:** Timberline Bank
- **Servicing:** Timberline Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*