# PPP loan: ETHIO MOTORS INC
> **$169K** approved 02/10/2021 · Exemption 4 · Loan `6261018402`
## Borrower
- **Name:** ETHIO MOTORS INC
- **Address:** 890 S Havana St, Aurora, CO, 80012-3016
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $98K (58%)
- **Forgiveness date:** 04/15/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $169K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** FirstBank
- **Servicing:** FirstBank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*