# PPP loan: SPUR FREIGHT SERVICES INC.
> **$327K** approved 04/05/2020 · Paid in Full · Loan `5514777002`
## Borrower
- **Name:** SPUR FREIGHT SERVICES INC.
- **Address:** 1100 E HOWARD LN STE 500, AUSTIN, TX, 78753-1199
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Rent:** $80K
- **Utilities:** $2K
- **Health care:** $15K
- **Jobs reported:** 23
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*