# PPP loan: KARLTEX MACHINE, INC
> **$186K** approved 04/06/2020 · Paid in Full · Loan `5944987006`
## Borrower
- **Name:** KARLTEX MACHINE, INC
- **Address:** 10201 FM 1130, ORANGE, TX, 77632-1084
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $187K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Utilities:** $46K
- **Jobs reported:** 14
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*