# PPP loan: T1 RACE DEVELOPMENT INC
> **$197K** approved 05/04/2020 · Paid in Full · Loan `1696317409`
## Borrower
- **Name:** T1 RACE DEVELOPMENT INC
- **Address:** 2724 REMINGTON DR, ROYSE CITY, TX, 75189-5765
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Jobs reported:** 14
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*