# PPP loan: PENTAGON FREIGHT SERVICES, INC.
> **$1.73M** approved 05/01/2020 · Paid in Full · Loan `9016247307`
## Borrower
- **Name:** PENTAGON FREIGHT SERVICES, INC.
- **Address:** 1211 East Richey Road, HOUSTON, TX, 77073-1175
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.73M
- **Initial approval:** $1.73M
- **Forgiven:** $1.75M (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.68M
- **Rent:** $18K
- **Mortgage interest:** $22K
- **Utilities:** $19K
- **Jobs reported:** 145
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*