# PPP loan: FORT-TRACE, LLC
> **$526K** approved 04/05/2020 · Paid in Full · Loan `5221467010`
## Borrower
- **Name:** FORT-TRACE, LLC
- **Address:** 4125 Billy Mitchell Drive, ADDISON, TX, 75001-4351
- **NAICS:** 561990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $526K
- **Initial approval:** $526K
- **Forgiven:** $529K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $423K
- **Rent:** $34K
- **Utilities:** $15K
- **Health care:** $54K
- **Jobs reported:** 46
## Lender
- **Originating:** Texas Security Bank
- **Servicing:** Texas Security Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*