# PPP loan: HORST EQUIPMENT REPAIR INC
> **$169K** approved 04/11/2020 · Paid in Full · Loan `3571797103`
## Borrower
- **Name:** HORST EQUIPMENT REPAIR INC
- **Address:** 353 Marina Drive, LINCOLN, AL, 35096-5860
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Jobs reported:** 23
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*