# PPP loan: CARRANCO & LAWSON, P.C.
> **$268K** approved 04/14/2020 · Paid in Full · Loan `6199097101`
## Borrower
- **Name:** CARRANCO & LAWSON, P.C.
- **Address:** 6553 Star Court, LAREDO, TX, 78041
- **NAICS:** 541211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $271K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Health care:** $27K
- **Jobs reported:** 28
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*