# PPP loan: CONTROLLED FLUIDS, INC.
> **$779K** approved 04/05/2020 · Paid in Full · Loan `5392527009`
## Borrower
- **Name:** CONTROLLED FLUIDS, INC.
- **Address:** 2220 CALDER ST, BEAUMONT, TX, 77701-1523
- **NAICS:** 812990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $779K
- **Initial approval:** $779K
- **Forgiven:** $785K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $584K
- **Rent:** $97K
- **Utilities:** $97K
- **Jobs reported:** 63
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*