# PPP loan: TEXAS METAL INDUSTRIES, INC
> **$174K** approved 04/04/2020 · Paid in Full · Loan `5018637007`
## Borrower
- **Name:** TEXAS METAL INDUSTRIES, INC
- **Address:** 1331 E US HIGHWAY 80 Suite 15, MESQUITE, TX, 75150-5711
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $215K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Rent:** $32K
- **Utilities:** $3K
- **Jobs reported:** 22
## Lender
- **Originating:** Texas Security Bank
- **Servicing:** Texas Security Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*