# PPP loan: COLTAM INC.
> **$539K** approved 02/09/2021 · Paid in Full · Loan `5896228405`
## Borrower
- **Name:** COLTAM INC.
- **Address:** 1784 Picasso Aves. Suite B, Davis, CA, 95618
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $539K
- **Initial approval:** $539K
- **Forgiven:** $548K (102%)
- **Forgiveness date:** 09/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $539K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Exchange Bank
- **Servicing:** Exchange Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*