# PPP loan: POTRANCO & 1604 CORP.
> **$589K** approved 04/07/2020 · Paid in Full · Loan `7589317008`
## Borrower
- **Name:** POTRANCO & 1604 CORP.
- **Address:** 5815 CALLAGHAN RD SUITE 100, SAN ANTONIO, TX, 78228-1102
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $589K
- **Initial approval:** $589K
- **Forgiven:** $595K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $442K
- **Rent:** $59K
- **Mortgage interest:** $59K
- **Utilities:** $29K
- **Jobs reported:** 148
## Lender
- **Originating:** Jefferson Bank
- **Servicing:** Jefferson Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*