# PPP loan: MARKLEY MOTORS, INC.
> **$1.89M** approved 04/05/2020 · Paid in Full · Loan `5508887004`
## Borrower
- **Name:** MARKLEY MOTORS, INC.
- **Address:** 3401 S, COLLEGE AVE, FORT COLLINS, CO, 80525-2606
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.89M
- **Initial approval:** $1.95M
- **Forgiven:** $1.90M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.42M
- **Rent:** $472K
- **Jobs reported:** 147
## 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*