# PPP loan: T & C LEASING, INC
> **$309K** approved 04/08/2020 · Paid in Full · Loan `8760407006`
## Borrower
- **Name:** T & C LEASING, INC
- **Address:** 5351 Thunder Creek Road, AUSTIN, TX, 78759-4021
- **NAICS:** 522220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $286K (92%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Rent:** $18K
- **Utilities:** $11K
- **Debt interest:** $45K
- **Jobs reported:** 11
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*