# PPP loan: LINDO MICHOACAN, INC.
> **$723K** approved 04/07/2020 · Paid in Full · Loan `7151117002`
## Borrower
- **Name:** LINDO MICHOACAN, INC.
- **Address:** 2655 E DESERT INN RD, LAS VEGAS, NV, 89121-3618
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $723K
- **Initial approval:** $723K
- **Forgiven:** $732K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $542K
- **Rent:** $90K
- **Debt interest:** $90K
- **Jobs reported:** 105
## Lender
- **Originating:** Meadows Bank
- **Servicing:** Meadows Bank (NV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*