# PPP loan: A.R MACHINING, INC
> **$608K** approved 04/13/2020 · Paid in Full · Loan `4736507101`
## Borrower
- **Name:** A.R MACHINING, INC
- **Address:** 632 W FRONT ST, HUTTO, TX, 78634-4078
- **NAICS:** 334413
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $608K
- **Initial approval:** $608K
- **Forgiven:** $612K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $456K
- **Rent:** $20K
- **Mortgage interest:** $25K
- **Utilities:** $27K
- **Health care:** $55K
- **Debt interest:** $25K
- **Jobs reported:** 40
## Lender
- **Originating:** First Texas Bank
- **Servicing:** First Texas Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*