# PPP loan: BOLANOS & CO., INC.
> **$518K** approved 04/27/2020 · Paid in Full · Loan `3728357208`
## Borrower
- **Name:** BOLANOS & CO., INC.
- **Address:** 8708 Killam Industrial Blvd, LAREDO, TX, 78045
- **NAICS:** 493110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $523K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $388K
- **Rent:** $99K
- **Utilities:** $17K
- **Health care:** $13K
- **Jobs reported:** 57
## 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*