# PPP loan: PALENQUE BAR & GRILL LLC
> **$476K** approved 04/03/2021 · Paid in Full · Loan `5962018705`
## Borrower
- **Name:** PALENQUE BAR & GRILL LLC
- **Address:** 7220 Bob Bullock Loop, Laredo, TX, 78041-2058
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $476K
- **Initial approval:** $476K
- **Forgiven:** $478K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $475K
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** Vantage Bank Texas
- **Servicing:** Vantage Bank Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*