# PPP loan: FARMERS ALLOY FABRICATING INC.
> **$1.52M** approved 01/26/2021 · Paid in Full · Loan `6206458304`
## Borrower
- **Name:** FARMERS ALLOY FABRICATING INC.
- **Address:** 210 Banana St, La Marque, TX, 77568-6265
- **NAICS:** 332996
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.52M
- **Utilities:** $1
- **Jobs reported:** 63
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*