# PPP loan: LAREDO MMAX, LTD
> **$207K** approved 04/28/2020 · Paid in Full · Loan `8305807202`
## Borrower
- **Name:** LAREDO MMAX, LTD
- **Address:** 4520 SAN BERNARDO AVE, LAREDO, TX, 78041-5766
- **NAICS:** 442110
- **Business type:** Limited Liability Partnership
- **Business age:** Unanswered
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $210K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Rent:** $40K
- **Utilities:** $6K
- **Health care:** $6K
- **Jobs reported:** 32
## Lender
- **Originating:** Falcon International Bank
- **Servicing:** Falcon International Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*