# PPP loan: EL CLAVO SALES COMPANY INC
> **$500K** approved 01/27/2021 · Paid in Full · Loan `6785658309`
## Borrower
- **Name:** EL CLAVO SALES COMPANY INC
- **Address:** 3261 E 14th St, Brownsville, TX, 78521-3317
- **NAICS:** 444110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $502K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Utilities:** $1
- **Jobs reported:** 89
## Lender
- **Originating:** Lone Star National Bank
- **Servicing:** Lone Star National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*