# PPP loan: SBC TRANSPORTATION INC.
> **$177K** approved 04/15/2020 · Paid in Full · Loan `2008577201`
## Borrower
- **Name:** SBC TRANSPORTATION INC.
- **Address:** 832 HALLMARK DR, LAREDO, TX, 78045-6347
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Rent:** $35K
- **Jobs reported:** 22
## Lender
- **Originating:** Falcon International Bank
- **Servicing:** Falcon International Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*