# PPP loan: SOFTGEL CO, INC.
> **$152K** approved 04/04/2020 · Paid in Full · Loan `4901757002`
## Borrower
- **Name:** SOFTGEL CO, INC.
- **Address:** 2202 1/2 H RD, GRAND JUNCTION, CO, 81505-9747
- **NAICS:** 999990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $114K
- **Rent:** $38K
- **Jobs reported:** 20
## 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*