# PPP loan: ITL FOODS, L.P.
> **$1.44M** approved 04/08/2020 · Paid in Full · Loan `7775647006`
## Borrower
- **Name:** ITL FOODS, L.P.
- **Address:** 17154 Butte Creek Road, HOUSTON, TX, 77090-2238
- **NAICS:** 722513
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.44M
- **Initial approval:** $1.44M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.08M
- **Rent:** $288K
- **Mortgage interest:** $14K
- **Utilities:** $58K
- **Jobs reported:** 351
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*