# PPP loan: THE OCTEX GROUP INC
> **$760K** approved 04/09/2020 · Paid in Full · Loan `1029657108`
## Borrower
- **Name:** THE OCTEX GROUP INC
- **Address:** 901 SARASOTA CENTER BLVD, SARASOTA, FL, 34240-7816
- **NAICS:** 551114
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $760K
- **Initial approval:** $760K
- **Forgiven:** $712K (94%)
- **Forgiveness date:** 12/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $760K
- **Jobs reported:** 57
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*