# PPP loan: TOLEDO AUTOMOTIVE SUPPLY INC OF CENTER TEXAS
> **$151K** approved 04/08/2020 · Paid in Full · Loan `7871427010`
## Borrower
- **Name:** TOLEDO AUTOMOTIVE SUPPLY INC OF CENTER TEXAS
- **Address:** 808 HURST ST, CENTER, TX, 75935-3417
- **NAICS:** 423120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $121K
- **Mortgage interest:** $10K
- **Utilities:** $10K
- **Debt interest:** $10K
- **Jobs reported:** 18
## Lender
- **Originating:** Shelby Savings Bank, SSB
- **Servicing:** Shelby Savings Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*