# PPP loan: OIL CITY IRON WORKS, INC.
> **$2.67M** approved 04/07/2020 · Paid in Full · Loan `6877597000`
## Borrower
- **Name:** OIL CITY IRON WORKS, INC.
- **Address:** 814 S. MAIN ST, CORSICANA, TX, 75110-7231
- **NAICS:** 333132
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.67M
- **Initial approval:** $2.67M
- **Forgiven:** $2.70M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.67M
- **Jobs reported:** 209
## Lender
- **Originating:** Community National Bank & Trust of Texas
- **Servicing:** Community National Bank & Trust of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*