# PPP loan: POWER TRUCK LINES, LLC
> **$210K** approved 05/01/2020 · Exemption 4 · Loan `8504127300`
## Borrower
- **Name:** POWER TRUCK LINES, LLC
- **Address:** 207 CORDO LOBO ST, RIO GRANDE CITY, TX, 78582-6142
- **NAICS:** 484121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $21K (10%)
- **Forgiveness date:** 12/16/2021
- **Status:** Exemption 4
- **Term:** 73 months
## Use of funds
- **Payroll:** $157K
- **Utilities:** $52K
- **Jobs reported:** 35
## Lender
- **Originating:** Texas National Bank
- **Servicing:** Texas National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*