# PPP loan: THE CONTENTO COMPANY INC
> **$396K** approved 04/15/2020 · Paid in Full · Loan `9674367103`
## Borrower
- **Name:** THE CONTENTO COMPANY INC
- **Address:** 515 W Nolana Ave Suite C, MCALLEN, TX, 78504
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Forgiven:** $387K (98%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $234K
- **Rent:** $92K
- **Utilities:** $46K
- **Health care:** $23K
- **Debt interest:** $1K
- **Jobs reported:** 94
## 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*