# PPP loan: COLONIAL LLC
> **$888K** approved 01/26/2021 · Paid in Full · Loan `5893298300`
## Borrower
- **Name:** COLONIAL LLC
- **Address:** 536 Townsend Ave, High Point, NC, 27263-2046
- **NAICS:** 314999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $888K
- **Initial approval:** $888K
- **Forgiven:** $895K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $888K
- **Utilities:** $1
- **Jobs reported:** 138
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*