# PPP loan: LAS PALMAS MEXICAN RESTAURANT NO. 5
> **$268K** approved 04/11/2020 · Paid in Full · Loan `3212837100`
## Borrower
- **Name:** LAS PALMAS MEXICAN RESTAURANT NO. 5
- **Address:** 1905 HAYES ST, NASHVILLE, TN, 37203-2316
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $201K
- **Mortgage interest:** $33K
- **Utilities:** $33K
- **Jobs reported:** 25
## Lender
- **Originating:** Reliant Bank, A Division of United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*