# PPP loan: CENTEX IRRIGATION SYSTEMS, INC.
> **$558K** approved 04/08/2020 · Paid in Full · Loan `8810977001`
## Borrower
- **Name:** CENTEX IRRIGATION SYSTEMS, INC.
- **Address:** 9181 N Hwy, WACO, TX, 76702
- **NAICS:** 221310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $558K
- **Initial approval:** $558K
- **Forgiven:** $567K (102%)
- **Forgiveness date:** 12/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $419K
- **Rent:** $140K
- **Jobs reported:** 67
## Lender
- **Originating:** First National Bank of Central Texas
- **Servicing:** First National Bank of Central Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*