# PPP loan: TEXCO, INC.
> **$285K** approved 04/15/2020 · Paid in Full · Loan `1496147205`
## Borrower
- **Name:** TEXCO, INC.
- **Address:** 1710 HOOPER AVE, LOS ANGELES, CA, 90021-3112
- **NAICS:** 424310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Rent:** $71K
- **Jobs reported:** 39
## Lender
- **Originating:** CTBC Bank Corp. (USA).
- **Servicing:** CTBC Bank Corp. (USA). (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*