# PPP loan: TRAXX CONSTRUCTION, INC.
> **$464K** approved 04/06/2020 · Paid in Full · Loan `6137507000`
## Borrower
- **Name:** TRAXX CONSTRUCTION, INC.
- **Address:** 10926 Portal Drive, LOS ALAMITOS, CA, 90720-2519
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $464K
- **Initial approval:** $464K
- **Forgiven:** $469K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Rent:** $11K
- **Utilities:** $3K
- **Health care:** $25K
- **Jobs reported:** 29
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*