# PPP loan: PAISANO LEASE COMPANY INC.
> **$487K** approved 02/12/2021 · Paid in Full · Loan `7945018408`
## Borrower
- **Name:** PAISANO LEASE COMPANY INC.
- **Address:** 4886 Hwy 59 North, Freer, TX, 78357
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $494K (101%)
- **Forgiveness date:** 06/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $487K
- **Utilities:** $1
- **Jobs reported:** 56
## Lender
- **Originating:** Texas Champion Bank
- **Servicing:** Texas Champion Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*