# PPP loan: CENTRAL TEXAS FOOD BANK, INC.
> **$1.27M** approved 04/05/2020 · Paid in Full · Loan `5245087008`
## Borrower
- **Name:** CENTRAL TEXAS FOOD BANK, INC.
- **Address:** 6500 METROPOLIS DR, AUSTIN, TX, 78744-3123
- **NAICS:** 624210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.28M (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $952K
- **Utilities:** $317K
- **Jobs reported:** 143
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*