# PPP loan: SIPAPU RECREATION DEVELOPMENT II LLC
> **$238K** approved 04/13/2020 · Paid in Full · Loan `4391647101`
## Borrower
- **Name:** SIPAPU RECREATION DEVELOPMENT II LLC
- **Address:** 5224 Hwy 518, VADITO, NM, 87579
- **NAICS:** 713920
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $243K (102%)
- **Forgiveness date:** 05/23/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Health care:** $14K
- **Jobs reported:** 15
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*