# PPP loan: U&I RESTAURANT INC
> **$275K** approved 04/10/2020 · Paid in Full · Loan `2132877107`
## Borrower
- **Name:** U&I RESTAURANT INC
- **Address:** 309 S Water St, CORPUS CHRISTI, TX, 78401-2819
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $28K
- **Utilities:** $28K
- **Jobs reported:** 62
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*