# PPP loan: HOLMQUIST-LORENZ CONSTRUCTION COMPANY
> **$250K** approved 04/06/2020 · Paid in Full · Loan `6124507001`
## Borrower
- **Name:** HOLMQUIST-LORENZ CONSTRUCTION COMPANY
- **Address:** 2667 COPPER RIDGE CIR Unit 2, STEAMBOAT SPRINGS, CO, 80487-5129
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $211K
- **Rent:** $30K
- **Utilities:** $4K
- **Health care:** $5K
- **Jobs reported:** 13
## Lender
- **Originating:** Yampa Valley Bank
- **Servicing:** Yampa Valley Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*