# PPP loan: FGT ENTERPRISES INC
> **$559K** approved 04/13/2020 · Paid in Full · Loan `5378307104`
## Borrower
- **Name:** FGT ENTERPRISES INC
- **Address:** 4604 Seawall Blvd., Galveston, TX, 77551-5897
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $559K
- **Initial approval:** $559K
- **Forgiven:** $564K (101%)
- **Forgiveness date:** 03/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $559K
- **Jobs reported:** 120
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*