# PPP loan: HORIZONE CONSTRUCTION 1, LTD
> **$213K** approved 04/07/2020 · Paid in Full · Loan `6880547008`
## Borrower
- **Name:** HORIZONE CONSTRUCTION 1, LTD
- **Address:** 4529 OSBORNE DR, STE A, EL PASO, TX, 79922-1070
- **NAICS:** 238990
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Rent:** $21K
- **Utilities:** $21K
- **Jobs reported:** 25
## Lender
- **Originating:** City Bank
- **Servicing:** City Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*