# PPP loan: INDUSTRIAL PACKING & SEAL INC.
> **$223K** approved 02/18/2021 · Paid in Full · Loan `1310978500`
## Borrower
- **Name:** INDUSTRIAL PACKING & SEAL INC.
- **Address:** 16818 Titan Dr, Houston, TX, 77058-2620
- **NAICS:** 423810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $223K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Third Coast Bank
- **Servicing:** Third Coast Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*