# PPP loan: LA ESPIGA DE ORO INC.
> **$154K** approved 05/06/2020 · Paid in Full · Loan `2986927407`
## Borrower
- **Name:** LA ESPIGA DE ORO INC.
- **Address:** 109 S MAPLE ST, CLOVIS, NM, 88101-7780
- **NAICS:** 445110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $123K
- **Rent:** $15K
- **Utilities:** $15K
- **Jobs reported:** 30
## Lender
- **Originating:** The Bank of Clovis
- **Servicing:** The Bank of Clovis (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*