# PPP loan: FIERRO & FIERRO LOGISTICS LLC
> **$175K** approved 05/06/2020 · Charged Off · Loan `2821997408`
## Borrower
- **Name:** FIERRO & FIERRO LOGISTICS LLC
- **Address:** 4305 N GARFIELD ST STE 222, MIDLAND, TX, 79705
- **NAICS:** 336211
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $163K (93%)
- **Forgiveness date:** 06/08/2021
- **Status:** Charged Off
- **Term:** 8 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 12
## Lender
- **Originating:** American Momentum Bank
- **Servicing:** American Momentum Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*