# PPP loan: AAP INC.
> **$232K** approved 04/05/2020 · Paid in Full · Loan `5380807002`
## Borrower
- **Name:** AAP INC.
- **Address:** 147 EAST COLLEGE DR, DURANGO, CO, 81301-5405
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $202K (87%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Rent:** $18K
- **Utilities:** $7K
- **Jobs reported:** 28
## Lender
- **Originating:** Bank of Colorado
- **Servicing:** Bank of Colorado (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*