# PPP loan: NBE NATIONAL BANK EQUIPMENT INC
> **$213K** approved 04/12/2020 · Paid in Full · Loan `3947767104`
## Borrower
- **Name:** NBE NATIONAL BANK EQUIPMENT INC
- **Address:** 433 National Drive, Rockwall, TX, 75032-6558
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $249K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Rent:** $15K
- **Utilities:** $8K
- **Jobs reported:** 18
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*