# PPP loan: J-HOBBS MACHINE
> **$538K** approved 04/27/2020 · Paid in Full · Loan `4936167209`
## Borrower
- **Name:** J-HOBBS MACHINE
- **Address:** 6401 W COUNTY ROAD 44, MIDLAND, TX, 79707-2510
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $538K
- **Initial approval:** $538K
- **Forgiven:** $542K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $538K
- **Jobs reported:** 31
## Lender
- **Originating:** Community National Bank
- **Servicing:** Community National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*