# PPP loan: MATOKA INC
> **$609K** approved 02/14/2021 · Paid in Full · Loan `8809788405`
## Borrower
- **Name:** MATOKA INC
- **Address:** 104 Shady Ln, Austin, TX, 78702-5123
- **NAICS:** 238990
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $609K
- **Initial approval:** $609K
- **Forgiven:** $614K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $609K
- **Jobs reported:** 50
## Lender
- **Originating:** American Bank, National Association
- **Servicing:** American Bank, National Association (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*