# PPP loan: ADVANCED RUBBER MOLDING, INC.
> **$281K** approved 04/13/2020 · Paid in Full · Loan `5317967110`
## Borrower
- **Name:** ADVANCED RUBBER MOLDING, INC.
- **Address:** 1202 E Ave J, GRAND PRAIRIE, TX, 75050
- **NAICS:** 333132
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $261K (93%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Rent:** $20K
- **Health care:** $15K
- **Jobs reported:** 26
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*