# PPP loan: GEORGETOWN CORPORATION
> **$180K** approved 04/09/2020 · Paid in Full · Loan `1051097102`
## Borrower
- **Name:** GEORGETOWN CORPORATION
- **Address:** 4200 S IH-35, GEORGETOWN, TX, 78626
- **NAICS:** 713110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Rent:** $10K
- **Mortgage interest:** $5K
- **Utilities:** $5K
- **Health care:** $25K
- **Jobs reported:** 74
## Lender
- **Originating:** First Texas Bank
- **Servicing:** First Texas Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*