# PPP loan: CHOAT ENTERPRISES, INC.
> **$313K** approved 04/04/2020 · Paid in Full · Loan `4912977004`
## Borrower
- **Name:** CHOAT ENTERPRISES, INC.
- **Address:** 3300 SHERBROOK RD, ODESSA, TX, 79762-5036
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $313K
- **Initial approval:** $313K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $313K
- **Jobs reported:** 20
## Lender
- **Originating:** SouthWest Bank
- **Servicing:** SouthWest Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*