# PPP loan: WORLD TRADE DISTRIBUTION
> **$1.08M** approved 04/12/2020 · Paid in Full · Loan `4153537108`
## Borrower
- **Name:** WORLD TRADE DISTRIBUTION
- **Address:** 2222 N. Wayside Dr., Houston, TX, 77020-5656
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $861K
- **Rent:** $111K
- **Mortgage interest:** $90K
- **Utilities:** $15K
- **Jobs reported:** 86
## 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*