# PPP loan: TRAK-TIME, INC
> **$639K** approved 04/06/2020 · Paid in Full · Loan `5717447008`
## Borrower
- **Name:** TRAK-TIME, INC
- **Address:** 812 West Holiday Lane, FATE, TX, 75087-2110
- **NAICS:** 488210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $639K
- **Initial approval:** $639K
- **Forgiven:** $646K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $571K
- **Rent:** $13K
- **Utilities:** $7K
- **Health care:** $48K
- **Jobs reported:** 64
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*