# PPP loan: LABORCITAS CREEK RANCH, LP
> **$257K** approved 04/14/2020 · Paid in Full · Loan `5885077101`
## Borrower
- **Name:** LABORCITAS CREEK RANCH, LP
- **Address:** 2935 W HIGHWAY 285 0.0, Falfurrias, TX, 78355-5932
- **NAICS:** 721214
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $226K
- **Utilities:** $31K
- **Jobs reported:** 17
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*