# PPP loan: TEXAS RACQUET & SPA INC
> **$688K** approved 03/27/2021 · Paid in Full · Loan `1496188703`
## Borrower
- **Name:** TEXAS RACQUET & SPA INC
- **Address:** 1200 Wilcrest Dr, Houston, TX, 77042-1702
- **NAICS:** 713940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $688K
- **Initial approval:** $688K
- **Forgiven:** $699K (102%)
- **Forgiveness date:** 11/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $687K
- **Utilities:** $1
- **Jobs reported:** 136
## Lender
- **Originating:** Woodforest National Bank
- **Servicing:** Woodforest National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*