# PPP loan: MEDRANO PRODUCE LLC
> **$274K** approved 04/07/2020 · Paid in Full · Loan `7358047002`
## Borrower
- **Name:** MEDRANO PRODUCE LLC
- **Address:** 6001 S INTERNATIONAL PARKWAY SUITE 60, MCALLEN, TX, 78503-8981
- **NAICS:** 722310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Rent:** $34K
- **Utilities:** $34K
- **Jobs reported:** 56
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*