# PPP loan: CTC DISTRIBUTING LTD
> **$169K** approved 04/06/2020 · Paid in Full · Loan `6299997010`
## Borrower
- **Name:** CTC DISTRIBUTING LTD
- **Address:** 615 BLAZE BLVD, EDINBURG, TX, 78539-7062
- **NAICS:** 561910
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $126K
- **Mortgage interest:** $42K
- **Jobs reported:** 27
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*