# PPP loan: SHAMBHALA MOUNTAIN CENTER
> **$289K** approved 04/14/2020 · Paid in Full · Loan `7285527100`
## Borrower
- **Name:** SHAMBHALA MOUNTAIN CENTER
- **Address:** 151 Shambhala Way, Red Feather Lakes, CO, 80545-7400
- **NAICS:** 611710
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $293K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Rent:** $5K
- **Utilities:** $36K
- **Jobs reported:** 60
## 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*