# PPP loan: FIBERLOK TECHNOLOGIES, INC.
> **$467K** approved 04/06/2020 · Paid in Full · Loan `5753187010`
## Borrower
- **Name:** FIBERLOK TECHNOLOGIES, INC.
- **Address:** 811 STOCKTON AVE, FORT COLLINS, CO, 80524-8551
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $467K
- **Initial approval:** $467K
- **Forgiven:** $471K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Rent:** $58K
- **Utilities:** $58K
- **Jobs reported:** 40
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*