# PPP loan: DEATON ENGINEERING, INC.
> **$290K** approved 04/11/2020 · Paid in Full · Loan `3350537102`
## Borrower
- **Name:** DEATON ENGINEERING, INC.
- **Address:** 2 Sierra Way St., Georgetown, TX, 78613-7574
- **NAICS:** 541690
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $293K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $264K
- **Rent:** $22K
- **Utilities:** $3K
- **Jobs reported:** 10
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*