# PPP loan: C. WRIGHT'S MACHINE TOOL, INC.
> **$493K** approved 04/07/2020 · Paid in Full · Loan `6751037001`
## Borrower
- **Name:** C. WRIGHT'S MACHINE TOOL, INC.
- **Address:** 12293 FM 2879, DIANA, TX, 75640-4241
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $493K
- **Initial approval:** $493K
- **Forgiven:** $496K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $493K
- **Jobs reported:** 40
## Lender
- **Originating:** Austin Bank, Texas National Association
- **Servicing:** Austin Bank, Texas National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*