# PPP loan: FORT WORTH GEAR & AXLE INC
> **$453K** approved 04/11/2020 · Paid in Full · Loan `3057067104`
## Borrower
- **Name:** FORT WORTH GEAR & AXLE INC
- **Address:** 3409 Kelli Court, Fort Worth, TX, 76106-6522
- **NAICS:** 423120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $453K
- **Initial approval:** $453K
- **Forgiven:** $457K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $453K
- **Jobs reported:** 32
## Lender
- **Originating:** Trinity Bank, National Association
- **Servicing:** Trinity Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*