# PPP loan: COLESON FOODS, INC
> **$282K** approved 04/08/2020 · Paid in Full · Loan `8088737001`
## Borrower
- **Name:** COLESON FOODS, INC
- **Address:** 915 S 8TH ST, COLORADO SPRINGS, CO, 80905-7318
- **NAICS:** 424460
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $282K
- **Initial approval:** $282K
- **Forgiven:** $285K (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $282K
- **Jobs reported:** 21
## Lender
- **Originating:** Adams Bank & Trust
- **Servicing:** Adams Bank & Trust (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*