# PPP loan: PALIO RESTAURANT LLC
> **$450K** approved 04/13/2020 · Paid in Full · Loan `5244367105`
## Borrower
- **Name:** PALIO RESTAURANT LLC
- **Address:** 4939 Pan American Freeway NE, ALBUQUERQUE, NM, 87109-2330
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $455K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Jobs reported:** 63
## Lender
- **Originating:** Main Bank
- **Servicing:** Main Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*