# PPP loan: ESCOBEDO CONSTRUCTION LP
> **$2.10M** approved 04/14/2020 · Paid in Full · Loan `6240257104`
## Borrower
- **Name:** ESCOBEDO CONSTRUCTION LP
- **Address:** 199 DISTRIBUTION CV, BUDA, TX, 78610-3549
- **NAICS:** 236117
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.10M
- **Initial approval:** $2.10M
- **Forgiven:** $2.13M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.96M
- **Rent:** $70K
- **Utilities:** $22K
- **Health care:** $22K
- **Debt interest:** $24K
- **Jobs reported:** 111
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*