# PPP loan: SCOBEE FOODS, INC.
> **$161K** approved 04/07/2020 · Paid in Full · Loan `7448147001`
## Borrower
- **Name:** SCOBEE FOODS, INC.
- **Address:** 1812 CORINTH ST, DALLAS, TX, 75215-1311
- **NAICS:** 424420
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $142K
- **Forgiven:** $122K (76%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $5K
- **Utilities:** $5K
- **Debt interest:** $3K
- **Jobs reported:** 16
## Lender
- **Originating:** Texas Security Bank
- **Servicing:** Texas Security Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*