# PPP loan: RUGGED TRADE LLC
> **$245K** approved 04/14/2020 · Paid in Full · Loan `7557967108`
## Borrower
- **Name:** RUGGED TRADE LLC
- **Address:** 802 W. Mermod St., CARLSBAD, NM, 88220
- **NAICS:** 448140
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 35
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (NM)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*