# PPP loan: CHOLON HOLDINGS LLC
> **$416K** approved 04/07/2020 · Exemption 4 · Loan `7494907005`
## Borrower
- **Name:** CHOLON HOLDINGS LLC
- **Address:** 1228 15TH ST STE 311, DENVER, CO, 80202-1600
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $269K (65%)
- **Forgiveness date:** 08/23/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $416K
- **Jobs reported:** 47
## Lender
- **Originating:** FirstBank
- **Servicing:** FirstBank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*