# PPP loan: PROPEL-LABS CORP
> **$719K** approved 04/05/2020 · Paid in Full · Loan `5590237006`
## Borrower
- **Name:** PROPEL-LABS CORP
- **Address:** 345 E Mountain Avenue, FORT COLLINS, CO, 80524-2913
- **NAICS:** 541714
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $719K
- **Initial approval:** $753K
- **Forgiven:** $724K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $719K
- **Jobs reported:** 36
## Lender
- **Originating:** FirstBank
- **Servicing:** FirstBank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*