# PPP loan: TAXCO
> **$520K** approved 04/12/2020 · Paid in Full · Loan `3761107107`
## Borrower
- **Name:** TAXCO
- **Address:** 3958 Atlantic Ave., LONG BEACH, CA, 90807-3502
- **NAICS:** 541211
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $520K
- **Initial approval:** $520K
- **Forgiven:** $524K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $520K
- **Jobs reported:** 40
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*