# PPP loan: LITHIC INDUSTRIES, INC.
> **$247K** approved 04/06/2020 · Paid in Full · Loan `6156987010`
## Borrower
- **Name:** LITHIC INDUSTRIES, INC.
- **Address:** 3450 FM 2843, FLORENCE, TX, 76527-3922
- **NAICS:** 327991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $252K (102%)
- **Forgiveness date:** 03/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $31K
- **Utilities:** $31K
- **Jobs reported:** 24
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*