# PPP loan: CLASSIC INDUSTRIES LP
> **$260K** approved 04/09/2020 · Paid in Full · Loan `9856987004`
## Borrower
- **Name:** CLASSIC INDUSTRIES LP
- **Address:** 13020 FM 1641, FORNEY, TX, 75126-7607
- **NAICS:** 332322
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Rent:** $26K
- **Utilities:** $26K
- **Jobs reported:** 21
## Lender
- **Originating:** City Bank
- **Servicing:** City Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*