Hopewest

$4,441,500 PPP Loan in Grand Junction, Colorado

Loan Details

Loan Number: 4478127003
Date Approved: Apr 3, 2020
Loan Status: Paid in Full
Initial Approval: $4,441,500
Current Approval: $4,441,500
Forgiveness Amount: $4,495,045
Forgiveness Date: Jun 15, 2021
Term: 24 months
Draw: First Draw

Business Information

Business Name: Hopewest
Address: 3090 N 12th St Unit B
City: Grand Junction
State: Colorado
ZIP Code: 81506-2804
Business Type: Non-Profit Organization
Industry (NAICS): Health Care and Social Assistance (621610)
Business Age: Existing or more than 2 years old
Jobs Reported: 250
Estimated Revenue: N/A (non-profit)
Non-Profit: Yes
Rural/Urban: Urban
Congressional District: CO-03

Loan Use Breakdown

Payroll: $3,331,125
Rent: $1,110,375

Lender Information

Servicing Lender: Timberline Bank
Originating Lender: Timberline Bank

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