# PPP loan: TIO GRINGO'S, INC.
> **$519K** approved 04/15/2020 · Paid in Full · Loan `8401777108`
## Borrower
- **Name:** TIO GRINGO'S, INC.
- **Address:** 5309 COASTAL HWY, OCEAN CITY, MD, 21842-3140
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $519K
- **Initial approval:** $519K
- **Forgiven:** $524K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $519K
- **Jobs reported:** 80
## Lender
- **Originating:** Bank of Ocean City
- **Servicing:** Bank of Ocean City (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*