# PPP loan: OWENS MACHINE AND TOOL COMPANY
> **$480K** approved 02/11/2021 · Paid in Full · Loan `7162008409`
## Borrower
- **Name:** OWENS MACHINE AND TOOL COMPANY
- **Address:** 561 N Cowan Ave Ste 201, Lewisville, TX, 75057-3090
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $480K
- **Initial approval:** $480K
- **Forgiven:** $483K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $480K
- **Jobs reported:** 35
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*