# PPP loan: CHARBONNEAU INDUSTRIES INC
> **$2.00M** approved 01/31/2021 · Exemption 4 · Loan `9869058307`
## Borrower
- **Name:** CHARBONNEAU INDUSTRIES INC
- **Address:** 1619 E Richey Rd, Houston, TX, 77073-3512
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $1.61M (80%)
- **Forgiveness date:** 07/08/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 138
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*