# PPP loan: PARKHILL SMITH & COOPER, INC.
> **$5.53M** approved 04/09/2020 · Paid in Full · Loan `1147867102`
## Borrower
- **Name:** PARKHILL SMITH & COOPER, INC.
- **Address:** 4222 85TH ST, LUBBOCK, TX, 79423-1930
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.53M
- **Initial approval:** $5.53M
- **Forgiven:** $5.54M (100%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.50M
- **Rent:** $160K
- **Utilities:** $55K
- **Health care:** $800K
- **Debt interest:** $20K
- **Jobs reported:** 356
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*