# PPP loan: TUM LOGISTICS CARRIER DIVISION INC
> **$345K** approved 04/28/2020 · Paid in Full · Loan `7580237208`
## Borrower
- **Name:** TUM LOGISTICS CARRIER DIVISION INC
- **Address:** 1206 BELTWAY PKWY, LAREDO, TX, 78045
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $348K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Rent:** $43K
- **Utilities:** $26K
- **Jobs reported:** 40
## 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*