# PPP loan: THE ESTES GROUP INC
> **$388K** approved 04/08/2020 · Paid in Full · Loan `8002597007`
## Borrower
- **Name:** THE ESTES GROUP INC
- **Address:** 1635 FOXTRAIL DR#336, LOVELAND, CO, 80538-9086
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $392K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $325K
- **Rent:** $63K
- **Jobs reported:** 15
## Lender
- **Originating:** Bank of Colorado
- **Servicing:** Bank of Colorado (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*