# PPP loan: U.S. FOAM CORP
> **$162K** approved 04/13/2020 · Paid in Full · Loan `5387987100`
## Borrower
- **Name:** U.S. FOAM CORP
- **Address:** 405 S ELM ST, DENTON, TX, 76201-6066
- **NAICS:** 326150
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $153K
- **Rent:** $2K
- **Mortgage interest:** $4K
- **Utilities:** $3K
- **Jobs reported:** 43
## Lender
- **Originating:** Texas Regional Bank
- **Servicing:** Texas Regional Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*