# PPP loan: CAROL'S MACHINE & FABRICATION, INC
> **$181K** approved 04/07/2020 · Paid in Full · Loan `6554677006`
## Borrower
- **Name:** CAROL'S MACHINE & FABRICATION, INC
- **Address:** 841 FM 102 RD, WHARTON, TX, 77488-3773
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $183K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $136K
- **Utilities:** $45K
- **Jobs reported:** 12
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*