# PPP loan: OVIDIO GARZA GARZA
> **$1.40M** approved 06/29/2020 · Charged Off · Loan `5897738004`
## Borrower
- **Name:** OVIDIO GARZA GARZA
- **Address:** 46883 LILAC CT, INDIO, CA, 92201-5823
- **NAICS:** 115115
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $633K (45%)
- **Forgiveness date:** 05/21/2021
- **Status:** Charged Off
- **Term:** 44 months
## Use of funds
- **Payroll:** $1.40M
- **Jobs reported:** 30
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*