# PPP loan: SIGALA INDUSTRIAL & MECHANICAL
> **$334K** approved 02/05/2021 · Paid in Full · Loan `3572748402`
## Borrower
- **Name:** SIGALA INDUSTRIAL & MECHANICAL
- **Address:** 3310 Katy Fwy Ste 320, Houston, TX, 77007-3603
- **NAICS:** 236210
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $282K (84%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $334K
- **Jobs reported:** 20
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*