# PPP loan: TRW MODERNFOLD COMPANY INC.
> **$870K** approved 04/12/2020 · Paid in Full · Loan `4020497105`
## Borrower
- **Name:** TRW MODERNFOLD COMPANY INC.
- **Address:** 6754 Bourgeois Rd., HOUSTON, TX, 77066-3105
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $870K
- **Initial approval:** $870K
- **Forgiven:** $878K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $837K
- **Rent:** $24K
- **Utilities:** $9K
- **Jobs reported:** 50
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*