# PPP loan: BEAUMONT MACHINE WORKS INC
> **$324K** approved 04/28/2020 · Paid in Full · Loan `8894507203`
## Borrower
- **Name:** BEAUMONT MACHINE WORKS INC
- **Address:** 11357 Beasley, LUMBERTON, TX, 77657
- **NAICS:** 332410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $328K
- **Forgiven:** $326K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Jobs reported:** 22
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*