# PPP loan: CINCO PELICULAS, LLC
> **$447K** approved 04/08/2020 · Charged Off · Loan `7735437008`
## Borrower
- **Name:** CINCO PELICULAS, LLC
- **Address:** 6770 ABRAMS RD, DALLAS, TX, 75231-7115
- **NAICS:** 512131
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $447K
- **Initial approval:** $447K
- **Forgiven:** $87K (19%)
- **Forgiveness date:** 03/02/2022
- **Status:** Charged Off
- **Term:** 9 months
## Use of funds
- **Payroll:** $335K
- **Rent:** $89K
- **Mortgage interest:** $9K
- **Utilities:** $13K
- **Jobs reported:** 67
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*