# PPP loan: INNOVATIVE BLOCK OF SOUTH TEXAS LTD
> **$208K** approved 04/10/2020 · Paid in Full · Loan `1939127101`
## Borrower
- **Name:** INNOVATIVE BLOCK OF SOUTH TEXAS LTD
- **Address:** 240 E 1ST ST, LA FERIA, TX, 78559-5014
- **NAICS:** 327331
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Utilities:** $10K
- **Jobs reported:** 20
## Lender
- **Originating:** Vantage Bank Texas
- **Servicing:** Vantage Bank Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*