# PPP loan: COLORADO IRON & METAL, INC.
> **$205K** approved 04/07/2020 · Paid in Full · Loan `6853037002`
## Borrower
- **Name:** COLORADO IRON & METAL, INC.
- **Address:** 903 Buckingham Street, Fort Collins, CO, 80524-2534
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Mortgage interest:** $20K
- **Utilities:** $1K
- **Health care:** $16K
- **Debt interest:** $4K
- **Jobs reported:** 17
## Lender
- **Originating:** Western States Bank, A Division of First National Bank of Omaha
- **Servicing:** First National Bank of Omaha (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*