# PPP loan: ORTEGA INC.
> **$199K** approved 05/11/2021 · Paid in Full · Loan `8557418903`
## Borrower
- **Name:** ORTEGA INC.
- **Address:** 114 Don Juan Valdez Lane, El Prado, NM, 87529
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $199K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Centinel Bank of Taos
- **Servicing:** Centinel Bank of Taos (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*