# PPP loan: MCHOLBORN LP
> **$760K** approved 04/05/2020 · Paid in Full · Loan `5279057008`
## Borrower
- **Name:** MCHOLBORN LP
- **Address:** 31 CROCKETT CIRCLE, LEVELLAND, TX, 79336-8005
- **NAICS:** 531120
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $760K
- **Initial approval:** $760K
- **Forgiven:** $766K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $608K
- **Rent:** $76K
- **Utilities:** $76K
- **Jobs reported:** 265
## Lender
- **Originating:** City Bank
- **Servicing:** City Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*