# PPP loan: COMMERCIAL MOTOR COMPANY
> **$435K** approved 04/15/2020 · Paid in Full · Loan `9971437107`
## Borrower
- **Name:** COMMERCIAL MOTOR COMPANY
- **Address:** 160 S COMMERCIAL ST, ARANSAS PASS, TX, 78336-1902
- **NAICS:** 423120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $435K
- **Initial approval:** $435K
- **Forgiven:** $437K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $413K
- **Utilities:** $21K
- **Jobs reported:** 48
## Lender
- **Originating:** ValueBank Texas
- **Servicing:** ValueBank Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*