# PPP loan: LAWSON IMPLEMENT COMPANY INC
> **$345K** approved 04/04/2020 · Paid in Full · Loan `4784557001`
## Borrower
- **Name:** LAWSON IMPLEMENT COMPANY INC
- **Address:** 1130 HWY 281, HAMILTON, TX, 76531
- **NAICS:** 423820
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $347K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $306K
- **Rent:** $20K
- **Utilities:** $3K
- **Health care:** $16K
- **Jobs reported:** 35
## Lender
- **Originating:** MCBank
- **Servicing:** MCBank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*