# PPP loan: MURPHYS SOUTH PAYROLL CO. INC.
> **$250K** approved 03/08/2021 · Paid in Full · Loan `8076228501`
## Borrower
- **Name:** MURPHYS SOUTH PAYROLL CO. INC.
- **Address:** 657 S Broadway St, Boulder, CO, 80305-5926
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 06/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $1
- **Jobs reported:** 19
## 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*