# PPP loan: CAVENDER MOTOR COMPANY, LTD.
> **$723K** approved 04/08/2020 · Paid in Full · Loan `8273407009`
## Borrower
- **Name:** CAVENDER MOTOR COMPANY, LTD.
- **Address:** 13660 IH 10 West, San Antonio, TX, 78249
- **NAICS:** 441110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $723K
- **Initial approval:** $723K
- **Forgiven:** $730K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $713K
- **Mortgage interest:** $5K
- **Utilities:** $5K
- **Jobs reported:** 62
## Lender
- **Originating:** Texas Partners Bank
- **Servicing:** Texas Partners Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*