# PPP loan: TEXAS DE BRAZIL CORPORATION
> **$700K** approved 04/30/2020 · Paid in Full · Loan `4979697302`
## Borrower
- **Name:** TEXAS DE BRAZIL CORPORATION
- **Address:** 2952 N Stemmons Fwy, DALLAS, TX, 75247
- **NAICS:** 551112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $712K (102%)
- **Forgiveness date:** 01/10/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $560K
- **Rent:** $59K
- **Utilities:** $22K
- **Health care:** $50K
- **Debt interest:** $9K
- **Jobs reported:** 38
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*