# PPP loan: DIXIE TOOL COMPANY
> **$154K** approved 04/27/2020 · Paid in Full · Loan `6331377209`
## Borrower
- **Name:** DIXIE TOOL COMPANY
- **Address:** 275 KINGS HWY, BROWNSVILLE, TX, 78521-4264
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $123K
- **Utilities:** $31K
- **Jobs reported:** 18
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*