# PPP loan: STAN HOUSTON EQUIPMENT CO, INC.
> **$1.14M** approved 04/03/2020 · Paid in Full · Loan `4405697009`
## Borrower
- **Name:** STAN HOUSTON EQUIPMENT CO, INC.
- **Address:** 3020 W. 12th St., SIOUX FALLS, SD, 57104-3704
- **NAICS:** 423810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $912K
- **Rent:** $150K
- **Utilities:** $27K
- **Health care:** $51K
- **Jobs reported:** 113
## Lender
- **Originating:** The First National Bank in Sioux Falls
- **Servicing:** The First National Bank in Sioux Falls (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*