# PPP loan: TIPTON INTERNATIONAL, INC.
> **$200K** approved 04/07/2020 · Paid in Full · Loan `6993717007`
## Borrower
- **Name:** TIPTON INTERNATIONAL, INC.
- **Address:** 514 Abbott Ave, HILLSBORO, TX, 76645-2849
- **NAICS:** 423820
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $50K
- **Jobs reported:** 17
## Lender
- **Originating:** First National Bank of Central Texas
- **Servicing:** First National Bank of Central Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*