# PPP loan: OLMOS ABATEMENT INC
> **$170K** approved 05/07/2020 · Charged Off · Loan `3174257406`
## Borrower
- **Name:** OLMOS ABATEMENT INC
- **Address:** 6750 FM 2720, Maxwell, TX, 78656-4279
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $110K (65%)
- **Forgiveness date:** 06/16/2021
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $170K
- **Jobs reported:** 10
## Lender
- **Originating:** FC Marketplace, LLC (dba Funding Circle)
- **Servicing:** FC Marketplace, LLC (dba Funding Circle) (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*