# PPP loan: GUSTAVO JIMENEZ INC
> **$2.20M** approved 06/26/2020 · Paid in Full · Loan `5025578007`
## Borrower
- **Name:** GUSTAVO JIMENEZ INC
- **Address:** 11991 Transpark Drive, EL PASO, TX, 79927-2352
- **NAICS:** 488999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.20M
- **Initial approval:** $2.20M
- **Forgiven:** $2.22M (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.20M
- **Jobs reported:** 260
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*