# PPP loan: POULOS & SOMERS PC
> **$240K** approved 04/08/2020 · Paid in Full · Loan `8784327000`
## Borrower
- **Name:** POULOS & SOMERS PC
- **Address:** 700 N BROADWAY, STE 1135, DENVER, CO, 80203-3410
- **NAICS:** 621210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $30K
- **Utilities:** $10K
- **Jobs reported:** 18
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*