# PPP loan: FALLAS AUTOMATION, INC
> **$734K** approved 04/05/2020 · Paid in Full · Loan `5076017007`
## Borrower
- **Name:** FALLAS AUTOMATION, INC
- **Address:** 7000 Imperial Drive, WOODWAY, TX, 76712-6816
- **NAICS:** 333993
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $734K
- **Initial approval:** $734K
- **Forgiven:** $739K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $551K
- **Rent:** $184K
- **Jobs reported:** 60
## Lender
- **Originating:** First National Bank of Central Texas
- **Servicing:** First National Bank of Central Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*