# PPP loan: PAX VILLA, INC
> **$274K** approved 04/05/2020 · Paid in Full · Loan `5492967009`
## Borrower
- **Name:** PAX VILLA, INC
- **Address:** 4513 W US HIGHWAY 83, MCALLEN, TX, 78501-8620
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $276K (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Utilities:** $68K
- **Jobs reported:** 36
## Lender
- **Originating:** Texas National Bank
- **Servicing:** Texas National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*