# PPP loan: INDUSTRIAL REFRACTORY SERVICES INC.
> **$428K** approved 04/06/2020 · Paid in Full · Loan `6111417010`
## Borrower
- **Name:** INDUSTRIAL REFRACTORY SERVICES INC.
- **Address:** 2300 S. MAIN ST, FORT WORTH, TX, 76110-2705
- **NAICS:** 327120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $428K
- **Initial approval:** $428K
- **Forgiven:** $430K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $321K
- **Rent:** $64K
- **Utilities:** $43K
- **Jobs reported:** 28
## Lender
- **Originating:** Captex Bank
- **Servicing:** Captex Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*