# PPP loan: WEST GAINES SEED INC.
> **$1.29M** approved 01/20/2021 · Paid in Full · Loan `2272748308`
## Borrower
- **Name:** WEST GAINES SEED INC.
- **Address:** 5013 122nd St, Lubbock, TX, 79424-8281
- **NAICS:** 424910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.29M
- **Initial approval:** $1.29M
- **Forgiven:** $1.30M (100%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.29M
- **Utilities:** $1
- **Jobs reported:** 275
## Lender
- **Originating:** Lone Star State Bank of West Texas, A Division of 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*