# PPP loan: SIBO, LLC
> **$280K** approved 04/07/2020 · Paid in Full · Loan `7260307010`
## Borrower
- **Name:** SIBO, LLC
- **Address:** 618 N VALLEY MILLS DR, WACO, TX, 76710-6062
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $210K
- **Rent:** $70K
- **Jobs reported:** 73
## Lender
- **Originating:** First National Bank of Central Texas
- **Servicing:** First National Bank of Central Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*