# PPP loan: LOUIE'S BACKYARD RESTAURANT INC.
> **$638K** approved 04/15/2020 · Paid in Full · Loan `2027637201`
## Borrower
- **Name:** LOUIE'S BACKYARD RESTAURANT INC.
- **Address:** 2305 LAGUNA BLVD, SOUTH PADRE ISLAND, TX, 78597-6952
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $638K
- **Initial approval:** $638K
- **Forgiven:** $644K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $638K
- **Jobs reported:** 135
## Lender
- **Originating:** Texas Regional Bank
- **Servicing:** Texas Regional Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*