# PPP loan: NEW TEX TRUCKING, LLC
> **$2.16M** approved 04/03/2020 · Paid in Full · Loan `4475537002`
## Borrower
- **Name:** NEW TEX TRUCKING, LLC
- **Address:** 7707 FM 1585, WOLFFORTH, TX, 79382-5604
- **NAICS:** 484121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.16M
- **Initial approval:** $2.16M
- **Forgiven:** $2.18M (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.73M
- **Rent:** $216K
- **Utilities:** $216K
- **Jobs reported:** 127
## Lender
- **Originating:** City Bank
- **Servicing:** City Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*