# PPP loan: TEXAS METAL EQUIPMENT COMPANY LTD.
> **$707K** approved 02/12/2021 · Paid in Full · Loan `7717968409`
## Borrower
- **Name:** TEXAS METAL EQUIPMENT COMPANY LTD.
- **Address:** 6707 Mayard Rd, Houston, TX, 77041-2613
- **NAICS:** 332322
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $707K
- **Initial approval:** $707K
- **Forgiven:** $711K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $707K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*