# PPP loan: WACO HIPPODROME, INC.
> **$239K** approved 04/08/2020 · Paid in Full · Loan `8363767005`
## Borrower
- **Name:** WACO HIPPODROME, INC.
- **Address:** 724 AUSTIN AVE, WACO, TX, 76701-2020
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $191K
- **Rent:** $24K
- **Utilities:** $24K
- **Jobs reported:** 55
## Lender
- **Originating:** The First National Bank of McGregor d/b/a TFNB Your Bank for Life
- **Servicing:** The First National Bank of McGregor d/b/a TFNB Your Bank for Life (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*