# PPP loan: GALINDO BROTHERS, INC
> **$241K** approved 04/08/2020 · Paid in Full · Loan `7751327010`
## Borrower
- **Name:** GALINDO BROTHERS, INC
- **Address:** 2681 W Front, ALICE, TX, 78332-0001
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Mortgage interest:** $38K
- **Utilities:** $10K
- **Jobs reported:** 22
## Lender
- **Originating:** First State Bank of San Diego
- **Servicing:** First State Bank of San Diego (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*