# PPP loan: WESTERN COLORADO FINANCIAL SERVICES
> **$525K** approved 02/12/2021 · Paid in Full · Loan `8024038403`
## Borrower
- **Name:** WESTERN COLORADO FINANCIAL SERVICES
- **Address:** 438 E Main St, Montrose, CO, 81401-3930
- **NAICS:** 541213
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $525K
- **Initial approval:** $525K
- **Forgiven:** $526K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $525K
- **Jobs reported:** 145
## 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*