# PPP loan: OJEDA - DESOTO INC
> **$338K** approved 04/08/2020 · Paid in Full · Loan `8210027005`
## Borrower
- **Name:** OJEDA - DESOTO INC
- **Address:** 2109 N. HAMPTON RD, DESOTO, TX, 75115-2321
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $363K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $253K
- **Rent:** $54K
- **Utilities:** $30K
- **Jobs reported:** 48
## Lender
- **Originating:** Texas Security Bank
- **Servicing:** Texas Security Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*