5071 INC. (CO) - 2020 PPP Loan Borrower Profile (# 1116517110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5071 INC.. 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

1116517110

SBA Office Code

0811

Processing Method

PPP

Curent Loan Amount

$599,200

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$605,524.89

Date Loan was Forgiven

May 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

518,000

Rent Proceed

6,200

Health Care Proceed

75,000

Lender

Independent Bank d/b/a Independent Financial

Business Detail

Business Type

Corporation

NAICS

446191

Borrower Location

COMMERCE CITY, CO

Project Location

COMMERCE CITY, CO

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.