# PPP loan: HENDERSHOT EQUIPMENT CO, INC
> **$428K** approved 04/05/2020 · Paid in Full · Loan `5239677001`
## Borrower
- **Name:** HENDERSHOT EQUIPMENT CO, INC
- **Address:** 935 E SOUTH LOOP, STEPHENVILLE, TX, 76401-1479
- **NAICS:** 532490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $428K
- **Initial approval:** $428K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $321K
- **Utilities:** $107K
- **Jobs reported:** 39
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*