# PPP loan: MORTEX PRODUCTS, INC.
> **$1.64M** approved 04/09/2020 · Paid in Full · Loan `9649517000`
## Borrower
- **Name:** MORTEX PRODUCTS, INC.
- **Address:** 501 Terminal Rd. 0.0, Fort Worth, TX, 76106-1954
- **NAICS:** 333415
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.64M
- **Initial approval:** $1.64M
- **Forgiven:** $1.66M (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.50M
- **Utilities:** $61K
- **Health care:** $80K
- **Jobs reported:** 213
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*