# PPP loan: ACORN PETROLEUM INC.
> **$715K** approved 03/02/2021 · Paid in Full · Loan `5833448502`
## Borrower
- **Name:** ACORN PETROLEUM INC.
- **Address:** 76 Sherri Dr # 200, Colorado Spgs, CO, 80911-1445
- **NAICS:** 424710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $715K
- **Initial approval:** $715K
- **Forgiven:** $722K (101%)
- **Forgiveness date:** 02/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $715K
- **Utilities:** $1
- **Jobs reported:** 56
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*