# PPP loan: HOUSTON GRINDING & MANUFACTURING CO
> **$535K** approved 02/04/2021 · Paid in Full · Loan `2724698406`
## Borrower
- **Name:** HOUSTON GRINDING & MANUFACTURING CO
- **Address:** 3544 W 12th St, Houston, TX, 77008-6006
- **NAICS:** 333914
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $535K
- **Initial approval:** $535K
- **Forgiven:** $539K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $535K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*