# PPP loan: FARMERS COOPERATIVE COMPRESS
> **$2.00M** approved 02/04/2021 · Paid in Full · Loan `2978388407`
## Borrower
- **Name:** FARMERS COOPERATIVE COMPRESS
- **Address:** 3800 Southeast Dr, Lubbock, TX, 79404-3226
- **NAICS:** 115114
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 177
## 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*