# PPP loan: SOUTH TEXAS FOOD BANK
> **$303K** approved 04/12/2020 · Paid in Full · Loan `4012497105`
## Borrower
- **Name:** SOUTH TEXAS FOOD BANK
- **Address:** 2121 JEFFERSON ST, LAREDO, TX, 78040-1700
- **NAICS:** 624210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $305K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $303K
- **Jobs reported:** 42
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*