# PPP loan: INTERAMERICA FORWARDING CO INC
> **$295K** approved 06/02/2020 · Paid in Full · Loan `6744867800`
## Borrower
- **Name:** INTERAMERICA FORWARDING CO INC
- **Address:** 14420 MAQUILA LOOP, LAREDO, TX, 78045-7950
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $295K
- **Initial approval:** $295K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Rent:** $59K
- **Utilities:** $11K
- **Jobs reported:** 49
## Lender
- **Originating:** Texas Community Bank
- **Servicing:** Texas Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*