# PPP loan: BONILLA & CHAPA PC
> **$324K** approved 04/07/2020 · Paid in Full · Loan `7200507009`
## Borrower
- **Name:** BONILLA & CHAPA PC
- **Address:** PO Drawer 5488, CORPUS CHRISTI, TX, 78465
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $326K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $259K
- **Rent:** $32K
- **Utilities:** $32K
- **Jobs reported:** 30
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*