# PPP loan: PX TRANSPORTATION INC
> **$561K** approved 04/09/2020 · Paid in Full · Loan `1066697108`
## Borrower
- **Name:** PX TRANSPORTATION INC
- **Address:** 4650 FM 482, NEW BRAUNFELS, TX, 78132-4927
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $561K
- **Initial approval:** $561K
- **Forgiven:** $569K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $421K
- **Rent:** $112K
- **Mortgage interest:** $28K
- **Jobs reported:** 38
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*