# PPP loan: MINERALTECH GULF COAST ABRASIVES, LLC
> **$723K** approved 04/13/2020 · Paid in Full · Loan `4350637102`
## Borrower
- **Name:** MINERALTECH GULF COAST ABRASIVES, LLC
- **Address:** 8700 Hwy 87 North Unit #2, Orange, TX, 77632-3275
- **NAICS:** 423840
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $723K
- **Initial approval:** $723K
- **Forgiven:** $728K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $723K
- **Jobs reported:** 49
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*