# PPP loan: AMERICAN MAATCO LTD
> **$396K** approved 04/13/2020 · Paid in Full · Loan `5650527100`
## Borrower
- **Name:** AMERICAN MAATCO LTD
- **Address:** 7115 Belton St, FORT WORTH, TX, 76118-6805
- **NAICS:** 327390
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Forgiven:** $400K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Rent:** $9K
- **Utilities:** $74K
- **Health care:** $2K
- **Jobs reported:** 37
## 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*