# PPP loan: GRAFF JEWELERS, INC.
> **$248K** approved 04/07/2020 · Paid in Full · Loan `7380767002`
## Borrower
- **Name:** GRAFF JEWELERS, INC.
- **Address:** 5901 NEVADA AVE, COLORADO SPRINGS, CO, 80918-3549
- **NAICS:** 448310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $186K
- **Mortgage interest:** $31K
- **Utilities:** $31K
- **Jobs reported:** 22
## Lender
- **Originating:** American Bank of Commerce
- **Servicing:** American Bank of Commerce (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*