# PPP loan: COLONIAL PARKING, INC.
> **$451K** approved 04/15/2020 · Paid in Full · Loan `8917587100`
## Borrower
- **Name:** COLONIAL PARKING, INC.
- **Address:** 715 North Orange Street, Wilmington, DE, 19801
- **NAICS:** 812930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $451K
- **Initial approval:** $451K
- **Forgiven:** $455K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $329K
- **Rent:** $90K
- **Health care:** $32K
- **Jobs reported:** 63
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*