# PPP loan: PARTY TIME FORMALS, INC.
> **$519K** approved 04/29/2020 · Paid in Full · Loan `2611527300`
## Borrower
- **Name:** PARTY TIME FORMALS, INC.
- **Address:** 12315 Parc Crest Dr. Suite 100, Stafford, TX, 77477
- **NAICS:** 424330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $519K
- **Initial approval:** $519K
- **Forgiven:** $525K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $415K
- **Mortgage interest:** $104K
- **Jobs reported:** 33
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*