# PPP loan: PALENQUE COCINA Y AGAVERIA COMPANY
> **$426K** approved 04/10/2020 · Paid in Full · Loan `2362717100`
## Borrower
- **Name:** PALENQUE COCINA Y AGAVERIA COMPANY
- **Address:** 2609 WEST MAIN STREET, AGUILAR, CO, 80120-1914
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $426K
- **Initial approval:** $467K
- **Forgiven:** $430K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $426K
- **Jobs reported:** 61
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*