# PPP loan: TAMOLLY'S MEXICAN RESTAURANT OF TEXAS, INC
> **$1.23M** approved 04/05/2020 · Paid in Full · Loan `5494257001`
## Borrower
- **Name:** TAMOLLY'S MEXICAN RESTAURANT OF TEXAS, INC
- **Address:** 5940 SUMMERHILL RD, TEXARKANA, TX, 75503-1639
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.23M
- **Jobs reported:** 255
## Lender
- **Originating:** State Bank of De Kalb
- **Servicing:** State Bank of De Kalb (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*