# PPP loan: TOBICO LOGISTICS LLC
> **$340K** approved 05/22/2020 · Paid in Full · Loan `2225877803`
## Borrower
- **Name:** TOBICO LOGISTICS LLC
- **Address:** 1750 North Collins Boulevard Blvd Suite 200V, Richardson, TX, 75080-3625
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $342K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Rent:** $50K
- **Utilities:** $15K
- **Jobs reported:** 31
## Lender
- **Originating:** Transportation Alliance Bank, Inc. d/b/a TAB Bank
- **Servicing:** Transportation Alliance Bank, Inc. d/b/a TAB Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*