# PPP loan: FIXED EQUIPMENT RELIABILITY LLC
> **$351K** approved 04/27/2020 · Paid in Full · Loan `3631247203`
## Borrower
- **Name:** FIXED EQUIPMENT RELIABILITY LLC
- **Address:** 18206 Bluewater Cove Dr, Humble, TX, 77346
- **NAICS:** 211120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $361K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $323K
- **Rent:** $7K
- **Mortgage interest:** $2K
- **Utilities:** $2K
- **Health care:** $18K
- **Jobs reported:** 23
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*