# PPP loan: SEMCO INC
> **$270K** approved 04/28/2020 · Paid in Full · Loan `8756527200`
## Borrower
- **Name:** SEMCO INC
- **Address:** 8825 US HIGHWAY 50, LAMAR, CO, 81052-9570
- **NAICS:** 221118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Jobs reported:** 18
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*