# PPP loan: CHUBES EQUIPMENT COMPANY INCORPORATED
> **$518K** approved 02/04/2021 · Paid in Full · Loan `2778658400`
## Borrower
- **Name:** CHUBES EQUIPMENT COMPANY INCORPORATED
- **Address:** 13827 Eastex Freeway, Houston, TX, 77015
- **NAICS:** 532412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $522K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $517K
- **Jobs reported:** 37
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*