5542 NEWLAND WAY LLC (CO) - 2020 PPP Loan Borrower Profile (# 7023018401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5542 NEWLAND WAY LLC. 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

7023018401

SBA Office Code

0811

Processing Method

PPS

Curent Loan Amount

$54,159

Date Loan was Approved

Feb 11, 2021

Amount Forgiven

$54,616.01

Date Loan was Forgiven

Dec 22, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

54,157

Lender

Commonwealth Business Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Manitou Springs, CO

Project Location

Manitou Springs, CO

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.