# PPP loan: SHEINBERG TOOL CO., INC.
> **$366K** approved 04/14/2020 · Paid in Full · Loan `5873847110`
## Borrower
- **Name:** SHEINBERG TOOL CO., INC.
- **Address:** 4575 AGNES ST, CORPUS CHRISTI, TX, 78405-3323
- **NAICS:** 444130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $366K
- **Initial approval:** $366K
- **Forgiven:** $369K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $261K
- **Rent:** $50K
- **Utilities:** $5K
- **Health care:** $51K
- **Jobs reported:** 24
## Lender
- **Originating:** Charter Bank
- **Servicing:** Charter Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*