741 INC. (CO) - 2020 PPP Loan Borrower Profile (# 5434607008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 741 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

5434607008

SBA Office Code

0811

Processing Method

PPP

Curent Loan Amount

$427,366

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$432,755.56

Date Loan was Forgiven

Jul 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

427,366

Lender

Bank of Colorado

Business Detail

Business Type

Corporation

NAICS

333318

Borrower Location

MERINO, CO

Project Location

MERINO, CO

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.