# PPP loan: CHALLENGE ASPEN
> **$154K** approved 04/05/2020 · Paid in Full · Loan `5340807008`
## Borrower
- **Name:** CHALLENGE ASPEN
- **Address:** 105 DALY LN STE 309, SNOWMASS VILLAGE, CO, 81615-5480
- **NAICS:** 813410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $116K
- **Rent:** $39K
- **Jobs reported:** 9
## 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*