# PPP loan: GENE IVES ACOUSTIC & TILE CO.
> **$155K** approved 03/31/2021 · Paid in Full · Loan `3722688709`
## Borrower
- **Name:** GENE IVES ACOUSTIC & TILE CO.
- **Address:** 210 Otis Dr, Waco, TX, 76712-6719
- **NAICS:** 238340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $155K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Community Bank & Trust, Waco, Texas
- **Servicing:** Community Bank & Trust, Waco, Texas (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*