# PPP loan: JIMENEZ ENTERPRISES INC
> **$150K** approved 05/01/2020 · Paid in Full · Loan `3031817705`
## Borrower
- **Name:** JIMENEZ ENTERPRISES INC
- **Address:** 10217 Ridgewood Dr, EL PASO, TX, 79925
- **NAICS:** 541618
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $11K
- **Utilities:** $5K
- **Debt interest:** $4K
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*