# PPP loan: COLT INC
> **$644K** approved 02/07/2021 · Paid in Full · Loan `4978098402`
## Borrower
- **Name:** COLT INC
- **Address:** 1223 Delhomme Ave, Scott, LA, 70583-5028
- **NAICS:** 562920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $644K
- **Initial approval:** $644K
- **Forgiven:** $649K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $644K
- **Utilities:** $1
- **Jobs reported:** 77
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*