# PPP loan: ALAMO DRAFTHOUSE CINEMAS HOLDINGS, LLC
> **$10.00M** approved 04/11/2020 · Charged Off · Loan `3501457100`
## Borrower
- **Name:** ALAMO DRAFTHOUSE CINEMAS HOLDINGS, LLC
- **Address:** 3908 Avenue B, AUSTIN, TX, 78751-4515
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $10.00M
- **Initial approval:** $10.00M
- **Forgiven:** $9.54M (95%)
- **Forgiveness date:** 06/11/2021
- **Status:** Charged Off
- **Term:** 9 months
## Use of funds
- **Payroll:** $7.50M
- **Rent:** $2.00M
- **Utilities:** $500K
- **Jobs reported:** 500
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*