# PPP loan: JACK CATHEY CONSTRUCTION CO, INC.
> **$700K** approved 04/13/2020 · Charged Off · Loan `4464497106`
## Borrower
- **Name:** JACK CATHEY CONSTRUCTION CO, INC.
- **Address:** 4700 11TH PLACE EXTENSION, BIG SPRING, TX, 79721-0389
- **NAICS:** 333923
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $668K (96%)
- **Forgiveness date:** 12/01/2021
- **Status:** Charged Off
- **Term:** — months
## Use of funds
- **Payroll:** $700K
- **Jobs reported:** 34
## Lender
- **Originating:** Lone Star State Bank of West Texas, A Division of Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*