# PPP loan: GALPERTI INC.
> **$1.63M** approved 03/17/2021 · Paid in Full · Loan `3426428609`
## Borrower
- **Name:** GALPERTI INC.
- **Address:** 160 Southbelt Industrial Dr, Houston, TX, 77047-7012
- **NAICS:** 333515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.63M
- **Initial approval:** $1.63M
- **Forgiven:** $1.64M (100%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.63M
- **Utilities:** $1
- **Jobs reported:** 89
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*