# PPP loan: ASPEN BRANCH INC
> **$186K** approved 04/09/2020 · Paid in Full · Loan `9809977009`
## Borrower
- **Name:** ASPEN BRANCH INC
- **Address:** 309 ASPEN AIRPORT BUSINESS CTR STE A, ASPEN, CO, 81611-3525
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $188K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $47K
- **Jobs reported:** 8
## Lender
- **Originating:** Timberline Bank
- **Servicing:** Timberline Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*