# PPP loan: IOC TRUCKING, L.L.C.
> **$305K** approved 04/07/2020 · Paid in Full · Loan `6967537008`
## Borrower
- **Name:** IOC TRUCKING, L.L.C.
- **Address:** 9312 E CURVE RD, EDINBURG, TX, 78542-4129
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $307K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Rent:** $20K
- **Jobs reported:** 36
## Lender
- **Originating:** Vantage Bank Texas
- **Servicing:** Vantage Bank Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*