# PPP loan: PAYTON MACHINE & SUPPLY, INC
> **$318K** approved 04/10/2020 · Paid in Full · Loan `2415637105`
## Borrower
- **Name:** PAYTON MACHINE & SUPPLY, INC
- **Address:** 3100 S Cedar, BORGER, TX, 79008-0387
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $318K
- **Jobs reported:** 24
## Lender
- **Originating:** Amarillo National Bank
- **Servicing:** Amarillo National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*