# PPP loan: VENTAMATIC, LTD
> **$2.05M** approved 04/07/2020 · Paid in Full · Loan `6842497005`
## Borrower
- **Name:** VENTAMATIC, LTD
- **Address:** 100 WASHINGTON AVE, MINERAL WELLS, TX, 76067-9502
- **NAICS:** 333413
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.05M
- **Initial approval:** $2.05M
- **Forgiven:** $2.07M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 23 months
## Use of funds
- **Payroll:** $2.05M
- **Jobs reported:** 308
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*