# PPP loan: JIMMY CLOSNER & SONS CONSTRUCTION CO
> **$526K** approved 04/14/2020 · Paid in Full · Loan `7246387103`
## Borrower
- **Name:** JIMMY CLOSNER & SONS CONSTRUCTION CO
- **Address:** 2171 N FM 941, MERCEDES, TX, 78570
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $526K
- **Initial approval:** $526K
- **Forgiven:** $531K (101%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $526K
- **Jobs reported:** 61
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*