# PPP loan: EASTEX RUBBER & GASKET CO. INC.
> **$173K** approved 03/12/2021 · Paid in Full · Loan `9375548508`
## Borrower
- **Name:** EASTEX RUBBER & GASKET CO. INC.
- **Address:** 2633 US 69 Access Road N, Nederland, TX, 77627
- **NAICS:** 339991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $173K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Third Coast Bank
- **Servicing:** Third Coast Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*