# PPP loan: BUBBA TUGS CORPORATION
> **$196K** approved 05/01/2020 · Paid in Full · Loan `1477917706`
## Borrower
- **Name:** BUBBA TUGS CORPORATION
- **Address:** 4340 N Central Expwy 100, DALLAS, TX, 75206
- **NAICS:** 562111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Rent:** $8K
- **Mortgage interest:** $2K
- **Utilities:** $1K
- **Health care:** $1K
- **Debt interest:** $5K
- **Jobs reported:** 150
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*