# PPP loan: MAMACITA'S RESTAURANT AND CANTINA, INC.
> **$1.04M** approved 04/09/2020 · Paid in Full · Loan `9723417004`
## Borrower
- **Name:** MAMACITA'S RESTAURANT AND CANTINA, INC.
- **Address:** 215 Junction Hwy, KERRVILLE, TX, 78028-4245
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Mortgage interest:** $200K
- **Utilities:** $36K
- **Jobs reported:** 231
## Lender
- **Originating:** Broadway National Bank
- **Servicing:** Broadway National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*