# PPP loan: TRUE WORDS TORTILLAS INC.
> **$180K** approved 01/30/2021 · Charged Off · Loan `9470778309`
## Borrower
- **Name:** TRUE WORDS TORTILLAS INC.
- **Address:** 136 Rt 6A, Orleans, MA, 02653-3264
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $130K (73%)
- **Forgiveness date:** 07/08/2022
- **Status:** Charged Off
- **Term:** 39 months
## Use of funds
- **Payroll:** $180K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** The Cape Cod Five Cents Savings Bank
- **Servicing:** The Cape Cod Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*