# PPP loan: PETROLEUM MEASUREMENT EQUIPMENT COMPANY INC
> **$615K** approved 04/27/2020 · Paid in Full · Loan `4195367201`
## Borrower
- **Name:** PETROLEUM MEASUREMENT EQUIPMENT COMPANY INC
- **Address:** 15794 CAPITOL HILL RD, MONTGOMERY, TX, 77316-5239
- **NAICS:** 333132
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $615K
- **Initial approval:** $615K
- **Forgiven:** $619K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $615K
- **Jobs reported:** 48
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*