# PPP loan: GARZA ENTERPRISES, INC.
> **$2.36M** approved 04/28/2020 · Paid in Full · Loan `7029597209`
## Borrower
- **Name:** GARZA ENTERPRISES, INC.
- **Address:** 5575 Kim Road NE, RIO RANCHO, NM, 87144
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.36M
- **Initial approval:** $2.36M
- **Forgiven:** $2.39M (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.36M
- **Jobs reported:** 500
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*