# PPP loan: PATCO MACHINE & FAB INC
> **$539K** approved 05/01/2020 · Paid in Full · Loan `3195977703`
## Borrower
- **Name:** PATCO MACHINE & FAB INC
- **Address:** 2002 Humble Westfield Rd, Houston, TX, 77073
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $539K
- **Initial approval:** $539K
- **Forgiven:** $544K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $421K
- **Health care:** $117K
- **Jobs reported:** 26
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*