# PPP loan: PUERTO VALLARTA RESTAURANT CONCEPTS, INC
> **$236K** approved 04/10/2020 · Paid in Full · Loan `2087077103`
## Borrower
- **Name:** PUERTO VALLARTA RESTAURANT CONCEPTS, INC
- **Address:** 508 S Tillotson Ave, Muncie, IN, 47304-4446
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Rent:** $35K
- **Utilities:** $24K
- **Jobs reported:** 45
## Lender
- **Originating:** Franklin Bank & Trust Company
- **Servicing:** Franklin Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*