# PPP loan: PEOPLES RESTAURANT AND LOUNGE, INC.
> **$156K** approved 04/13/2020 · Paid in Full · Loan `4606657102`
## Borrower
- **Name:** PEOPLES RESTAURANT AND LOUNGE, INC.
- **Address:** 9738 UP RIVER RD, CORPUS CHRISTI, TX, 78410-1405
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $146K
- **Utilities:** $9K
- **Jobs reported:** 32
## Lender
- **Originating:** Kleberg Bank, National Association
- **Servicing:** Kleberg Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*