# PPP loan: FAUSTSON TOOL CORP
> **$202K** approved 04/14/2020 · Paid in Full · Loan `6472077108`
## Borrower
- **Name:** FAUSTSON TOOL CORP
- **Address:** 6803 JOYCE ST, ARVADA, CO, 80007-7552
- **NAICS:** 333517
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $202K
- **Jobs reported:** 14
## 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*