# PPP loan: ALLIED EQUIPMENT, INC.
> **$626K** approved 04/05/2020 · Paid in Full · Loan `5134277003`
## Borrower
- **Name:** ALLIED EQUIPMENT, INC.
- **Address:** 8000 GOLDER AVE, ODESSA, TX, 79764-2330
- **NAICS:** 324191
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $626K
- **Initial approval:** $626K
- **Forgiven:** $634K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $626K
- **Jobs reported:** 44
## Lender
- **Originating:** Community National Bank
- **Servicing:** Community National Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*