# PPP loan: FRANK MAYBORN ENTERPRISES, INC.
> **$1.04M** approved 04/08/2020 · Paid in Full · Loan `7882777005`
## Borrower
- **Name:** FRANK MAYBORN ENTERPRISES, INC.
- **Address:** 10 South Third Street, TEMPLE, TX, 76501-7619
- **NAICS:** 511110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.01M (97%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $780K
- **Utilities:** $260K
- **Jobs reported:** 120
## Lender
- **Originating:** Extraco Banks National Association
- **Servicing:** Extraco Banks National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*