# PPP loan: GRIMMETT BROTHERS, INC
> **$621K** approved 04/06/2020 · Paid in Full · Loan `5849577003`
## Borrower
- **Name:** GRIMMETT BROTHERS, INC
- **Address:** 1312 AVENUE R, SNYDER, TX, 79549-1632
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $621K
- **Initial approval:** $621K
- **Forgiven:** $625K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $621K
- **Jobs reported:** 50
## Lender
- **Originating:** Texas National Bank
- **Servicing:** Texas National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*