# PPP loan: CORROSION SPECIALTIES INC
> **$325K** approved 01/20/2021 · Paid in Full · Loan `2274028308`
## Borrower
- **Name:** CORROSION SPECIALTIES INC
- **Address:** 12010 W County Road 128, Odessa, TX, 79765-9448
- **NAICS:** 237120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $327K (100%)
- **Forgiveness date:** 07/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $325K
- **Jobs reported:** 16
## Lender
- **Originating:** Lone Star State Bank of West Texas, A Division of Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*