# PPP loan: MADDUX BUILDING MATERIALS, INC.
> **$188K** approved 04/06/2020 · Paid in Full · Loan `6343957007`
## Borrower
- **Name:** MADDUX BUILDING MATERIALS, INC.
- **Address:** 1603 ATKINSON DR, LUFKIN, TX, 75901-3143
- **NAICS:** 444190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $38K
- **Jobs reported:** 22
## Lender
- **Originating:** Commercial Bank of Texas, N.A.
- **Servicing:** Commercial Bank of Texas, N.A. (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*