# PPP loan: PERMIAN TANK & MANUFACTURING, INC
> **$4.70M** approved 04/28/2020 · Exemption 4 · Loan `1789577307`
## Borrower
- **Name:** PERMIAN TANK & MANUFACTURING, INC
- **Address:** 2701 West Interstate 20, Odessa, TX, 79766-9102
- **NAICS:** 332420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.70M
- **Initial approval:** $4.70M
- **Forgiven:** $2.05M (44%)
- **Forgiveness date:** 08/16/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $4.70M
- **Jobs reported:** 133
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*