# PPP loan: AUSTIN TRUCK & EQUIPMENT LTD.
> **$1.06M** approved 04/12/2020 · Paid in Full · Loan `3924727100`
## Borrower
- **Name:** AUSTIN TRUCK & EQUIPMENT LTD.
- **Address:** 1701 Smith Rd., Austin, TX, 78721-3544
- **NAICS:** 441110
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $915K
- **Rent:** $127K
- **Utilities:** $20K
- **Jobs reported:** 82
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*