# PPP loan: ARANDAS BAKERY NO. 3 INC
> **$302K** approved 04/14/2020 · Paid in Full · Loan `5740327103`
## Borrower
- **Name:** ARANDAS BAKERY NO. 3 INC
- **Address:** 2525 N. LOOP W., STE 610, HOUSTON, TX, 77008-1009
- **NAICS:** 311811
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $267K
- **Rent:** $25K
- **Utilities:** $10K
- **Jobs reported:** 60
## 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*