# PPP loan: PALOS GARZA FORWARDING LLC
> **$806K** approved 04/15/2020 · Paid in Full · Loan `8733797110`
## Borrower
- **Name:** PALOS GARZA FORWARDING LLC
- **Address:** 8417 AMPARAN RD, LAREDO, TX, 78045
- **NAICS:** 488999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $806K
- **Initial approval:** $806K
- **Forgiven:** $815K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $705K
- **Rent:** $77K
- **Utilities:** $24K
- **Jobs reported:** 126
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*