# PPP loan: TRAPCO INCORPORATED
> **$279K** approved 04/07/2020 · Paid in Full · Loan `7189877002`
## Borrower
- **Name:** TRAPCO INCORPORATED
- **Address:** 5012 AUGUSTA CIR, COLLEGE STATION, TX, 77845-8983
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $279K
- **Jobs reported:** 110
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*