# PPP loan: COUTO HOMES, INC
> **$448K** approved 04/10/2020 · Paid in Full · Loan `1298157109`
## Borrower
- **Name:** COUTO HOMES, INC
- **Address:** 3200 US HIGHWAY 377, GRANBURY, TX, 76049-7405
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $448K
- **Initial approval:** $448K
- **Forgiven:** $451K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $448K
- **Jobs reported:** 30
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*