# PPP loan: TEXAS MUSIC FESTIVALS ENTERPRISE INC
> **$249K** approved 03/12/2021 · Paid in Full · Loan `9283608505`
## Borrower
- **Name:** TEXAS MUSIC FESTIVALS ENTERPRISE INC
- **Address:** 216 E business Hwy 83, San Juan, TX, 78589
- **NAICS:** 453998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $249K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*