# PPP loan: TEXAS SAWING & DEMOLITION, LLC
> **$168K** approved 04/10/2020 · Charged Off · Loan `1647227105`
## Borrower
- **Name:** TEXAS SAWING & DEMOLITION, LLC
- **Address:** 2309 Houston Ave, HUMBLE, TX, 77396
- **NAICS:** 238910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $41K (25%)
- **Forgiveness date:** 06/15/2022
- **Status:** Charged Off
- **Term:** 30 months
## Use of funds
- **Payroll:** $126K
- **Rent:** $21K
- **Utilities:** $21K
- **Jobs reported:** 22
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*