# PPP loan: AMERICAN NATIONAL CARBIDE COMPANY
> **$258K** approved 02/06/2021 · Charged Off · Loan `4396218401`
## Borrower
- **Name:** AMERICAN NATIONAL CARBIDE COMPANY
- **Address:** 915 S Cherry St, Tomball, TX, 77375-6623
- **NAICS:** 336111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $226K (88%)
- **Forgiveness date:** 01/18/2022
- **Status:** Charged Off
- **Term:** 42 months
## Use of funds
- **Payroll:** $258K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*