# PPP loan: K-6 MACHINE INC
> **$159K** approved 04/15/2020 · Paid in Full · Loan `9606007109`
## Borrower
- **Name:** K-6 MACHINE INC
- **Address:** 800 N. Rice Street, HAMILTON, TX, 76531-1251
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $135K (84%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $119K
- **Utilities:** $40K
- **Jobs reported:** 19
## Lender
- **Originating:** Extraco Banks National Association
- **Servicing:** Extraco Banks National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*