# PPP loan: FERROMAR TRADING INC
> **$162K** approved 03/12/2021 · Paid in Full · Loan `9608438501`
## Borrower
- **Name:** FERROMAR TRADING INC
- **Address:** 7734 Eagle Ln, Spring, TX, 77379-3183
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 12/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $162K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Plains State Bank
- **Servicing:** Plains State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*