# PPP loan: LOERA CUSTOMS BROKERAGE, INC.
> **$384K** approved 04/28/2020 · Paid in Full · Loan `6801877201`
## Borrower
- **Name:** LOERA CUSTOMS BROKERAGE, INC.
- **Address:** 5845 Padre Island Hwy, BROWNSVILLE, TX, 78521
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $384K
- **Initial approval:** $384K
- **Forgiven:** $374K (97%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $288K
- **Rent:** $48K
- **Utilities:** $48K
- **Jobs reported:** 68
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*