# PPP loan: ZARAPE VENTURES LLC
> **$420K** approved 04/28/2020 · Paid in Full · Loan `7861387203`
## Borrower
- **Name:** ZARAPE VENTURES LLC
- **Address:** 1300 E TAMARACK AVE, MCALLEN, TX, 78501-5627
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $423K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $315K
- **Rent:** $78K
- **Utilities:** $25K
- **Health care:** $2K
- **Jobs reported:** 133
## Lender
- **Originating:** Vantage Bank Texas
- **Servicing:** Vantage Bank Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*