# PPP loan: COLONNADE SENIOR DEVELOPMENT, LLC
> **$616K** approved 04/07/2020 · Paid in Full · Loan `7149087007`
## Borrower
- **Name:** COLONNADE SENIOR DEVELOPMENT, LLC
- **Address:** 700 WEBER RD, O FALLON, IL, 62269-2215
- **NAICS:** 623110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $616K
- **Initial approval:** $616K
- **Forgiven:** $621K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Rent:** $44K
- **Utilities:** $22K
- **Jobs reported:** 126
## Lender
- **Originating:** Royal Banks of Missouri
- **Servicing:** Royal Banks of Missouri (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*