# PPP loan: TOR MINERALS INTERNATIONAL INC
> **$416K** approved 02/24/2021 · Paid in Full · Loan `3979308510`
## Borrower
- **Name:** TOR MINERALS INTERNATIONAL INC
- **Address:** 722 Burleson St, Corpus Christi, TX, 78402-1344
- **NAICS:** 325199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $418K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $416K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** American Bank, National Association
- **Servicing:** American Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*