# PPP loan: TEXAS BARGE & BOAT INC
> **$760K** approved 04/09/2020 · Paid in Full · Loan `9854087001`
## Borrower
- **Name:** TEXAS BARGE & BOAT INC
- **Address:** PO BOX 2107, FREEPORT, TX, 77542
- **NAICS:** 336611
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $760K
- **Initial approval:** $760K
- **Forgiven:** $768K (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $570K
- **Utilities:** $190K
- **Jobs reported:** 55
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*