# PPP loan: CARGO CRAFT OF TEXAS, INC
> **$659K** approved 04/05/2020 · Paid in Full · Loan `5535927009`
## Borrower
- **Name:** CARGO CRAFT OF TEXAS, INC
- **Address:** 851 FERGUSON RD, CORSICANA, TX, 75151
- **NAICS:** 336999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $659K
- **Initial approval:** $659K
- **Forgiven:** $663K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $575K
- **Rent:** $42K
- **Utilities:** $42K
- **Jobs reported:** 83
## Lender
- **Originating:** First National Bank of Coffee County
- **Servicing:** First National Bank of Coffee County (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*