# PPP loan: AUTOMATIC ICE MACHINE CO.,INC
> **$260K** approved 04/13/2020 · Paid in Full · Loan `5321217100`
## Borrower
- **Name:** AUTOMATIC ICE MACHINE CO.,INC
- **Address:** 501 E. 2ND ST, ODESSA, TX, 79761-5433
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Jobs reported:** 23
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*