# PPP loan: PRAVO CONSTRUCTION INC.
> **$250K** approved 02/02/2021 · Exemption 4 · Loan `1576488405`
## Borrower
- **Name:** PRAVO CONSTRUCTION INC.
- **Address:** 1601 S Mo Pac Expy Ste D302, Austin, TX, 78746-7009
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $201K (80%)
- **Forgiveness date:** 09/28/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*