# PPP loan: TDK MACHINE, INC.
> **$203K** approved 01/16/2021 · Paid in Full · Loan `1147428302`
## Borrower
- **Name:** TDK MACHINE, INC.
- **Address:** 2120 E FM 624, Orange Grove, TX, 78372-9164
- **NAICS:** 324110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $170K (84%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $202K
- **Utilities:** $1
- **Jobs reported:** 7
## Lender
- **Originating:** First State Bank of Odem
- **Servicing:** First State Bank of Odem (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*