There were 95 PPP loans issued in Colorado during the week ending May 17. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
| Recipients | Date Received | Dollar Amount Received |
|---|---|---|
| Columbine Care Center West, Inc. | 2020-05-11 | $1-2 million |
| Grand Valley Rural Power Lines, Inc. | 2020-05-11 | $1-2 million |
| Holly Heights Nursing Home, Inc. | 2020-05-11 | $1-2 million |
| San Miguel Power Association | 2020-05-11 | $1-2 million |
| Betance Enterprises, Inc. | 2020-05-11 | $350,000-1 million |
| Chiropractic Healthcare Solutions, P.C. | 2020-05-11 | $350,000-1 million |
| Joe Ferguson Pontiac GMC Truck, Inc. | 2020-05-11 | $350,000-1 million |
| Antero Law, LLC | 2020-05-11 | $150,000-350,000 |
| Compliance Plus, Inc. | 2020-05-11 | $150,000-350,000 |
| Cuautla, Inc. | 2020-05-11 | $150,000-350,000 |
| El Vaquero Dos, LLC | 2020-05-11 | $150,000-350,000 |
| Excel Press, Incorporated | 2020-05-11 | $150,000-350,000 |
| FPS Loveland, LLC | 2020-05-11 | $150,000-350,000 |
| Hive Construction, Inc. | 2020-05-11 | $150,000-350,000 |
| Loading Dock Restaurant & Tavern, Inc. | 2020-05-11 | $150,000-350,000 |
| Martillaro Raub and Associates, LLC | 2020-05-11 | $150,000-350,000 |
| Mountain Trip Alaska, LLC | 2020-05-11 | $150,000-350,000 |
| MVA Wall Systems, LLC | 2020-05-11 | $150,000-350,000 |
| New Summit Academy | 2020-05-11 | $150,000-350,000 |
| Northern Colorado Academy of ARTS & Know | 2020-05-11 | $150,000-350,000 |
| Oceans Design, Inc. | 2020-05-11 | $150,000-350,000 |
| Peakview Communications, Inc. | 2020-05-11 | $150,000-350,000 |
| Timeseries US, Inc. | 2020-05-11 | $150,000-350,000 |
| Ultegra Financial Partners, LLC | 2020-05-11 | $150,000-350,000 |
| Carbon Energy Corporation | 2020-05-12 | $1-2 million |
| Third Future Schools | 2020-05-12 | $1-2 million |
| Large Volume Staffing, LLC | 2020-05-12 | $350,000-1 million |
| Partners in Trucking, Inc. | 2020-05-12 | $350,000-1 million |
| Rapport Incorporated | 2020-05-12 | $350,000-1 million |
| Carniceria Y Verduleria Guadalajara, Inc. | 2020-05-12 | $150,000-350,000 |
| Concreations of Colorado, Inc. | 2020-05-12 | $150,000-350,000 |
| Design Works a Floral Studio | 2020-05-12 | $150,000-350,000 |
| Earthtech West II, Ltd. | 2020-05-12 | $150,000-350,000 |
| Elevation Vail Partners II, LLC | 2020-05-12 | $150,000-350,000 |
| Embraceable, LLC | 2020-05-12 | $150,000-350,000 |
| Galitz Transportation, Inc. | 2020-05-12 | $150,000-350,000 |
| Ivy. Ai, Inc. | 2020-05-12 | $150,000-350,000 |
| LA Sandia Tysons Corner, LLC | 2020-05-12 | $150,000-350,000 |
| Lightning Eliminators & Consultants, Inc. | 2020-05-12 | $150,000-350,000 |
| Longmont Pulmonary and Critical Care Associates | 2020-05-12 | $150,000-350,000 |
| Manager & a Van Moving, Inc. | 2020-05-12 | $150,000-350,000 |
| Perkins Precision Developments, LLC | 2020-05-12 | $150,000-350,000 |
| Trestles, Ltd. | 2020-05-12 | $150,000-350,000 |
| Energy Real Estate Solutions, LLC | 2020-05-13 | $1-2 million |
| Code Talent | 2020-05-13 | $350,000-1 million |
| 5280 High School | 2020-05-13 | $150,000-350,000 |
| A+ Waterproofing & Sealants, LLC | 2020-05-13 | $150,000-350,000 |
| Association for Community Living in Boulder County | 2020-05-13 | $150,000-350,000 |
| Body in White, Inc. | 2020-05-13 | $150,000-350,000 |
| Gemini Mountain Medical, L.L.C. | 2020-05-13 | $150,000-350,000 |
| Golden Coin Turtle, Inc. | 2020-05-13 | $150,000-350,000 |
| Hardtops, LLC | 2020-05-13 | $150,000-350,000 |
| Intermountain Rehabilitation Associates | 2020-05-13 | $150,000-350,000 |
| Mile High Sports and Rehabilitation Medicine, PC | 2020-05-13 | $150,000-350,000 |
| MRC Global, LLC | 2020-05-13 | $150,000-350,000 |
| Phoenix Capital, Inc. | 2020-05-13 | $150,000-350,000 |
| Vitalcare Corporation | 2020-05-13 | $150,000-350,000 |
| WHC of Pueblo, PLLC | 2020-05-13 | $150,000-350,000 |
| Delta-Montrose Electric Association | 2020-05-14 | $2-5 million |
| Highline Electric Association | 2020-05-14 | $1-2 million |
| Diversified Underground, Inc. | 2020-05-14 | $350,000-1 million |
| Front Range Christian Ministries | 2020-05-14 | $350,000-1 million |
| Pikes Peak School of Expeditionary Learning | 2020-05-14 | $350,000-1 million |
| Advanced Pools & Spas, Inc. | 2020-05-14 | $150,000-350,000 |
| Change Electric, Inc. | 2020-05-14 | $150,000-350,000 |
| Colwest Roofing & Waterproofing Company, Inc. | 2020-05-14 | $150,000-350,000 |
| First National Financing, Inc. | 2020-05-14 | $150,000-350,000 |
| Gofire, Inc. | 2020-05-14 | $150,000-350,000 |
| H2 Global Solutions | 2020-05-14 | $150,000-350,000 |
| Sean Hackett Construction, LLC | 2020-05-14 | $150,000-350,000 |
| Shisler, Inc. | 2020-05-14 | $150,000-350,000 |
| Superior Glacier E, LLC | 2020-05-14 | $150,000-350,000 |
| Transportation & Industrial Services, Inc. | 2020-05-14 | $150,000-350,000 |
| LA Plata Electric Association, Inc. | 2020-05-15 | $1-2 million |
| 3G3 Lodo, LLC | 2020-05-15 | $350,000-1 million |
| Maxson Engineering, LLC | 2020-05-15 | $350,000-1 million |
| RMSW Partners, Inc. | 2020-05-15 | $350,000-1 million |
| Alpine Limousine, LLC | 2020-05-15 | $150,000-350,000 |
| Aspen Leaf Assisted Living Residence Limon | 2020-05-15 | $150,000-350,000 |
| Ata Labor Services | 2020-05-15 | $150,000-350,000 |
| DPA Microphones, Inc. | 2020-05-15 | $150,000-350,000 |
| European Wines & Spirits, Ltd. | 2020-05-15 | $150,000-350,000 |
| Fathom Processing, Inc. | 2020-05-15 | $150,000-350,000 |
| Latta Chiropractic Clinics, P.C. | 2020-05-15 | $150,000-350,000 |
| National Cyber Intelligence Center | 2020-05-15 | $150,000-350,000 |
| Phoenix Analytic Services, Inc. | 2020-05-15 | $150,000-350,000 |
| RKR Incorporated | 2020-05-15 | $150,000-350,000 |
| Simple Plan Company | 2020-05-15 | $150,000-350,000 |
| SRB Acoustics, Inc. | 2020-05-15 | $150,000-350,000 |
| Treehouse Design | 2020-05-15 | $150,000-350,000 |
| TSF Lighting, LLC | 2020-05-15 | $150,000-350,000 |
| Wellcare, Inc. | 2020-05-15 | $150,000-350,000 |
| Colorado Enterprise Fund | 2020-05-16 | $350,000-1 million |
| Metrix Regional Builders, LLC | 2020-05-16 | $150,000-350,000 |
| Drivendata, Inc. | 2020-05-17 | $150,000-350,000 |
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