# PPP loan: CONNOLLY'S TOWING INC
> **$409K** approved 04/14/2020 · Paid in Full · Loan `6309767103`
## Borrower
- **Name:** CONNOLLY'S TOWING INC
- **Address:** 5702 W  60TH AVE, ARVADA, CO, 80003-5714
- **NAICS:** 488410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $409K
- **Initial approval:** $409K
- **Forgiven:** $413K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $357K
- **Utilities:** $20K
- **Health care:** $32K
- **Jobs reported:** 28
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*