# PPP loan: PALENQUE GRILL MCALLEN LLC
> **$595K** approved 01/30/2021 · Paid in Full · Loan `9316468301`
## Borrower
- **Name:** PALENQUE GRILL MCALLEN LLC
- **Address:** 606 E Expressway 83, McAllen, TX, 78503-1600
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $595K
- **Initial approval:** $595K
- **Forgiven:** $600K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $595K
- **Utilities:** $1
- **Jobs reported:** 94
## Lender
- **Originating:** Vantage Bank Texas
- **Servicing:** Vantage Bank Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*