# PPP loan: CHOICE BOTANICALS, INC.
> **$450K** approved 04/29/2020 · Paid in Full · Loan `2165247309`
## Borrower
- **Name:** CHOICE BOTANICALS, INC.
- **Address:** 4800 West 34th Street, Houston, TX, 77092
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $454K (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $360K
- **Rent:** $45K
- **Utilities:** $23K
- **Health care:** $23K
- **Jobs reported:** 50
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*