# PPP loan: BORDER PRODUCTS INC
> **$245K** approved 04/14/2020 · Paid in Full · Loan `6315757107`
## Borrower
- **Name:** BORDER PRODUCTS INC
- **Address:** 204 CANTERBURY LN, LAREDO, TX, 78041-2687
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Rent:** $42K
- **Mortgage interest:** $2K
- **Utilities:** $17K
- **Jobs reported:** 42
## Lender
- **Originating:** Falcon International Bank
- **Servicing:** Falcon International Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*