# PPP loan: MACHINERY AUCTIONEERS OF TEXAS, LLC
> **$374K** approved 04/15/2020 · Paid in Full · Loan `9701277107`
## Borrower
- **Name:** MACHINERY AUCTIONEERS OF TEXAS, LLC
- **Address:** 19760 Interstate 35 S, LYTLE, TX, 78052-3400
- **NAICS:** 454110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $374K
- **Initial approval:** $374K
- **Forgiven:** $378K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $374K
- **Jobs reported:** 27
## Lender
- **Originating:** Schertz Bank & Trust
- **Servicing:** Schertz Bank & Trust (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*