# PPP loan: SEVERSON SUPPLY CO
> **$197K** approved 01/27/2021 · Paid in Full · Loan `6762258304`
## Borrower
- **Name:** SEVERSON SUPPLY CO
- **Address:** 2453 W 1st St, Craig, CO, 81625-3610
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $198K (100%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $197K
- **Utilities:** $1
- **Jobs reported:** 11
## 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*