# PPP loan: TEXAS ECOGROW, LLC
> **$495K** approved 04/08/2020 · Paid in Full · Loan `8054527010`
## Borrower
- **Name:** TEXAS ECOGROW, LLC
- **Address:** 7801 N. LAMAR BLVD, AUSTIN, TX, 78752-1013
- **NAICS:** 541320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $499K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $371K
- **Rent:** $124K
- **Jobs reported:** 29
## Lender
- **Originating:** American Bank of Commerce
- **Servicing:** American Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*