# PPP loan: JOHN W. GASPARINI INC.
> **$1.51M** approved 04/13/2020 · Paid in Full · Loan `5168467108`
## Borrower
- **Name:** JOHN W. GASPARINI INC.
- **Address:** 3312 Ramona Drive, Forth Worth, TX, 76116-6428
- **NAICS:** 423720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.45M
- **Rent:** $55K
- **Utilities:** $10K
- **Jobs reported:** 123
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*