# PPP loan: PETRO RUBBER PRODUCTS, INC
> **$236K** approved 04/12/2020 · Paid in Full · Loan `3865907105`
## Borrower
- **Name:** PETRO RUBBER PRODUCTS, INC
- **Address:** 1401 S Broadway St #108, Joshua, TX, 76058-5136
- **NAICS:** 333132
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Mortgage interest:** $5K
- **Utilities:** $15K
- **Jobs reported:** 22
## 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*