# PPP loan: LUBBOCK SOUND EQUIPMENT CO. INC.
> **$194K** approved 04/04/2020 · Paid in Full · Loan `4913807001`
## Borrower
- **Name:** LUBBOCK SOUND EQUIPMENT CO. INC.
- **Address:** 2302 120th Street, LUBBOCK, TX, 79423-0505
- **NAICS:** 334290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Utilities:** $15K
- **Jobs reported:** 17
## Lender
- **Originating:** Vista Bank
- **Servicing:** Vista Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*