# PPP loan: MCM OIL TOOLS INC
> **$286K** approved 01/30/2021 · Paid in Full · Loan `9379988301`
## Borrower
- **Name:** MCM OIL TOOLS INC
- **Address:** 10422 W Gulf Bank Rd, Houston, TX, 77040-3128
- **NAICS:** 333132
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $286K
- **Initial approval:** $286K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 04/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $286K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Third Coast Bank
- **Servicing:** Third Coast Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*