# PPP loan: FORT WORTH ALUMINUM FOUNDRY
> **$352K** approved 04/14/2020 · Paid in Full · Loan `5733647107`
## Borrower
- **Name:** FORT WORTH ALUMINUM FOUNDRY
- **Address:** 2708 N NICHOLS, FORT WORTH, TX, 76106-7225
- **NAICS:** 331524
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $352K
- **Initial approval:** $352K
- **Forgiven:** $357K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $282K
- **Rent:** $15K
- **Mortgage interest:** $21K
- **Utilities:** $34K
- **Jobs reported:** 36
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*