# PPP loan: ODESSA SPRING, BRAKE & AXLE, INC.
> **$176K** approved 06/18/2020 · Paid in Full · Loan `8217057910`
## Borrower
- **Name:** ODESSA SPRING, BRAKE & AXLE, INC.
- **Address:** 915 East Second Street, ODESSA, TX, 79761-5238
- **NAICS:** 336340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $132K
- **Utilities:** $44K
- **Health care:** $600
- **Jobs reported:** 15
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*