# PPP loan: EASTERN COLORADO WELL SERVICE LLC
> **$1.20M** approved 04/06/2020 · Exemption 4 · Loan `6112597009`
## Borrower
- **Name:** EASTERN COLORADO WELL SERVICE LLC
- **Address:** 43400 US Highway 40, CHEYENNE WELLS, CO, 80810-0244
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $853K (71%)
- **Forgiveness date:** 02/10/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $961K
- **Utilities:** $185K
- **Debt interest:** $55K
- **Jobs reported:** 66
## Lender
- **Originating:** The Eastern Colorado Bank
- **Servicing:** The Eastern Colorado Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*