# PPP loan: TEXAS SHAFTS, INC.
> **$972K** approved 04/07/2020 · Paid in Full · Loan `7356497004`
## Borrower
- **Name:** TEXAS SHAFTS, INC.
- **Address:** 11720 Hicks Avondale School Road, Haslet, TX, 76052-3225
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $972K
- **Initial approval:** $972K
- **Forgiven:** $982K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $972K
- **Jobs reported:** 59
## Lender
- **Originating:** Trinity Bank, National Association
- **Servicing:** Trinity Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*