# PPP loan: M & R FLEET SERVICES, INC.
> **$246K** approved 04/09/2020 · Paid in Full · Loan `1073937106`
## Borrower
- **Name:** M & R FLEET SERVICES, INC.
- **Address:** 1301 CENTURY BLVD, TEXAS CITY, TX, 77591-5003
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $219K
- **Rent:** $12K
- **Mortgage interest:** $4K
- **Utilities:** $5K
- **Debt interest:** $7K
- **Jobs reported:** 18
## Lender
- **Originating:** Texas First Bank
- **Servicing:** Texas First Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*