# PPP loan: AG&M INC
> **$800K** approved 04/14/2020 · Paid in Full · Loan `6938567105`
## Borrower
- **Name:** AG&M INC
- **Address:** 9201 Brown Lane  Suite 280, AUSTIN, TX, 78754-4037
- **NAICS:** 238150
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $800K
- **Initial approval:** $800K
- **Forgiven:** $806K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $755K
- **Rent:** $40K
- **Utilities:** $5K
- **Jobs reported:** 67
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*