# PPP loan: QUALTEX INDUSTRIES, INC.
> **$500K** approved 02/12/2021 · Paid in Full · Loan `7961748404`
## Borrower
- **Name:** QUALTEX INDUSTRIES, INC.
- **Address:** 12104 S Pipeline Rd Ste 100, Euless, TX, 76040-6912
- **NAICS:** 238320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $503K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Jobs reported:** 49
## Lender
- **Originating:** Bank of the West
- **Servicing:** Bank of the West (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*