# PPP loan: CARDENAS MOTORS, INC.
> **$220K** approved 04/14/2020 · Paid in Full · Loan `6254177105`
## Borrower
- **Name:** CARDENAS MOTORS, INC.
- **Address:** 1500 N Expressway, BROWNSVILLE, TX, 78521
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 10
## 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*