# PPP loan: HOUSBY HEAVY EQUIPMENT LLC
> **$785K** approved 04/09/2020 · Paid in Full · Loan `1147327104`
## Borrower
- **Name:** HOUSBY HEAVY EQUIPMENT LLC
- **Address:** 4747 NE  14TH ST, DES MOINES, IA, 50313-2010
- **NAICS:** 532490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $785K
- **Initial approval:** $795K
- **Forgiven:** $793K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $751K
- **Rent:** $25K
- **Utilities:** $8K
- **Jobs reported:** 53
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*