# PPP loan: PATCO MACHINE & FAB INC
> **$250K** approved 05/23/2021 · Paid in Full · Loan `7053609006`
## Borrower
- **Name:** PATCO MACHINE & FAB INC
- **Address:** 2002 Humble Westfield Rd, Houston, TX, 77073-2510
- **NAICS:** 332911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $251K (100%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** PeopleFund
- **Servicing:** PeopleFund (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*