# PPP loan: FEDERATION OF EMPLOYERS AND WORKERS OF AMERICA
> **$169K** approved 04/06/2020 · Paid in Full · Loan `5857807000`
## Borrower
- **Name:** FEDERATION OF EMPLOYERS AND WORKERS OF AMERICA
- **Address:** 2901 BUCKS BAYOU, BAY CITY, TX, 77414
- **NAICS:** 813910
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Rent:** $17K
- **Utilities:** $17K
- **Jobs reported:** 17
## Lender
- **Originating:** Gulf Capital Bank
- **Servicing:** Gulf Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*