# PPP loan: TONAN INC
> **$198K** approved 04/14/2020 · Paid in Full · Loan `6784167110`
## Borrower
- **Name:** TONAN INC
- **Address:** 2412 W SHADY GROVE RD, IRVING, TX, 75060-4911
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $20K
- **Utilities:** $15K
- **Health care:** $12K
- **Jobs reported:** 30
## Lender
- **Originating:** Texas Security Bank
- **Servicing:** Texas Security Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*