# PPP loan: PLUMERIA, LTD
> **$157K** approved 04/09/2020 · Paid in Full · Loan `9503407010`
## Borrower
- **Name:** PLUMERIA, LTD
- **Address:** 2522 W FREDDY GONZALES, EDINBURG, TX, 78539
- **NAICS:** 722511
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $117K
- **Mortgage interest:** $16K
- **Utilities:** $8K
- **Health care:** $16K
- **Jobs reported:** 52
## 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*