# PPP loan: EELCO SUPPLY CHAIN SOLUTIONS
> **$489K** approved 04/05/2020 · Paid in Full · Loan `5458457005`
## Borrower
- **Name:** EELCO SUPPLY CHAIN SOLUTIONS
- **Address:** 8410 MILO RD, LAREDO, TX, 78045-1836
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $489K
- **Initial approval:** $489K
- **Forgiven:** $495K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Mortgage interest:** $34K
- **Utilities:** $20K
- **Health care:** $25K
- **Debt interest:** $10K
- **Jobs reported:** 70
## Lender
- **Originating:** Vantage Bank Texas
- **Servicing:** Vantage Bank Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*