# PPP loan: MONROE RESORTS AND HOSPITALITY LP
> **$265K** approved 04/14/2020 · Paid in Full · Loan `7154877100`
## Borrower
- **Name:** MONROE RESORTS AND HOSPITALITY LP
- **Address:** 8001 MONROE BLVD, HOUSTON, TX, 77061-4301
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $210K
- **Mortgage interest:** $55K
- **Jobs reported:** 18
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*