# PPP loan: PITRE IMPORTS LLC
> **$424K** approved 04/15/2020 · Paid in Full · Loan `1478807209`
## Borrower
- **Name:** PITRE IMPORTS LLC
- **Address:** 9737 Eagle Ranch Road NW, ALBUQUERQUE, NM, 87114
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $424K
- **Initial approval:** $424K
- **Forgiven:** $431K (102%)
- **Forgiveness date:** 02/22/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $318K
- **Mortgage interest:** $53K
- **Utilities:** $53K
- **Jobs reported:** 35
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*