# PPP loan: TUBULAR TEXTILE MACHINERY INC.
> **$705K** approved 04/30/2020 · Paid in Full · Loan `7446467304`
## Borrower
- **Name:** TUBULAR TEXTILE MACHINERY INC.
- **Address:** 113 Woodside Dr, LEXINGTON, NC, 27292-7718
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $705K
- **Initial approval:** $705K
- **Forgiven:** $714K (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $705K
- **Jobs reported:** 37
## Lender
- **Originating:** Triad Business Bank
- **Servicing:** Triad Business Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*