# PPP loan: BENIPAL ENTERPRISE, INC
> **$180K** approved 04/13/2020 · Paid in Full · Loan `5506697100`
## Borrower
- **Name:** BENIPAL ENTERPRISE, INC
- **Address:** 6114 Duke Trail Lane, SUGAR LAND, TX, 77479-4463
- **NAICS:** 624410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Mortgage interest:** $20K
- **Utilities:** $10K
- **Jobs reported:** 39
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*