1287 ENTERPRISES (CO) - 2020 PPP Loan Borrower Profile (# 8659157303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1287 ENTERPRISES. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Colorado.

Loan Detail

Loan Number

8659157303

SBA Office Code

0811

Processing Method

PPP

Curent Loan Amount

$110,091.47

Date Loan was Approved

May 1, 2020

Amount Forgiven

$111,201.43

Date Loan was Forgiven

May 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

13,761.43

Payroll Proced

82,568.6

Mortgage Interest Proceed

13,761.44

Lender

Celtic Bank Corporation

Business Detail

Business Type

Subchapter S Corporation

NAICS

111998

Borrower Location

Durango, CO

Project Location

Durango, CO

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.