# PPP loan: LUFKIN RUBBER & GASKET CO., INC.
> **$482K** approved 04/16/2020 · Paid in Full · Loan `3062287203`
## Borrower
- **Name:** LUFKIN RUBBER & GASKET CO., INC.
- **Address:** 501 Ellen Trout Dr,, Lufkin, TX, 75904-1311
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $482K
- **Initial approval:** $482K
- **Forgiven:** $488K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $482K
- **Jobs reported:** 38
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*