# PPP loan: LIFELINE RGV, LLC
> **$264K** approved 04/11/2020 · Paid in Full · Loan `2841037105`
## Borrower
- **Name:** LIFELINE RGV, LLC
- **Address:** 4601 Buddy Owens Blvd, MCALLEN, TX, 78504-4827
- **NAICS:** 621910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Rent:** $40K
- **Utilities:** $26K
- **Jobs reported:** 45
## 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*