# PPP loan: IRONWOOD FINANCE INC
> **$200K** approved 04/27/2020 · Paid in Full · Loan `4050257202`
## Borrower
- **Name:** IRONWOOD FINANCE INC
- **Address:** 800 N SHORELINE BLVD Ste 1500 South, CORPUS CHRISTI, TX, 78401-3700
- **NAICS:** 522298
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Rent:** $15K
- **Health care:** $5K
- **Debt interest:** $6K
- **Jobs reported:** 16
## Lender
- **Originating:** Charter Bank
- **Servicing:** Charter Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*