# PPP loan: FORNEY INDUSTRIES INC
> **$1.88M** approved 04/07/2020 · Paid in Full · Loan `7274667003`
## Borrower
- **Name:** FORNEY INDUSTRIES INC
- **Address:** 2057 VERMONT DR., FORT COLLINS, CO, 80525-2913
- **NAICS:** 332313
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $1.88M
- **Forgiven:** $1.90M (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.88M
- **Jobs reported:** 178
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*