# PPP loan: TEXAS CUTTING AND CORING, LP
> **$1.22M** approved 04/08/2020 · Paid in Full · Loan `8552487003`
## Borrower
- **Name:** TEXAS CUTTING AND CORING, LP
- **Address:** 17 INDIAN MEADOWS DR, ROUND ROCK, TX, 78665-2632
- **NAICS:** 238910
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Mortgage interest:** $70K
- **Utilities:** $15K
- **Jobs reported:** 97
## Lender
- **Originating:** Central National Bank
- **Servicing:** Central National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*