# PPP loan: 505 DESIGN INC.
> **$456K** approved 01/27/2021 · Paid in Full · Loan `6788398309`
## Borrower
- **Name:** 505 DESIGN INC.
- **Address:** 1360 Walnut St Ste 102, Boulder, CO, 80302-5399
- **NAICS:** 541490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $456K
- **Initial approval:** $456K
- **Forgiven:** $460K (101%)
- **Forgiveness date:** 12/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $456K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*