# PPP loan: CQ TRON INC
> **$180K** approved 04/07/2020 · Paid in Full · Loan `7068377009`
## Borrower
- **Name:** CQ TRON INC
- **Address:** 3001 SAN DARIO AVE, LAREDO, TX, 78040-1818
- **NAICS:** 443142
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $138K
- **Rent:** $40K
- **Utilities:** $2K
- **Jobs reported:** 45
## 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*