# PPP loan: PANCHO'S MEXICAN FOODS INC
> **$500K** approved 04/13/2020 · Paid in Full · Loan `5412517102`
## Borrower
- **Name:** PANCHO'S MEXICAN FOODS INC
- **Address:** 2855 Lamb Place,, Memphis, TN, 38118-1518
- **NAICS:** 311991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Jobs reported:** 100
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*