# PPP loan: LABRCM, LLC
> **$260K** approved 04/05/2020 · Paid in Full · Loan `5303297000`
## Borrower
- **Name:** LABRCM, LLC
- **Address:** 1881 SYLVAN AVE Suite 270, DALLAS, TX, 75208-2000
- **NAICS:** 511210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Rent:** $35K
- **Utilities:** $30K
- **Jobs reported:** 27
## Lender
- **Originating:** Texas Partners Bank
- **Servicing:** Texas Partners Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*