# PPP loan: SOUTHBELT REPAIR & SUPPLY CO INC
> **$209K** approved 02/19/2021 · Paid in Full · Loan `1736828509`
## Borrower
- **Name:** SOUTHBELT REPAIR & SUPPLY CO INC
- **Address:** 8518 South Loop E, Houston, TX, 77017-1934
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $211K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $209K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*