# PPP loan: COLOR FAST INDUSTRIES, INC.
> **$300K** approved 04/28/2020 · Paid in Full · Loan `6361647208`
## Borrower
- **Name:** COLOR FAST INDUSTRIES, INC.
- **Address:** 912 W Highway 67, Alvarado, TX, 76009-3251
- **NAICS:** 327120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Mortgage interest:** $60K
- **Jobs reported:** 15
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*