# PPP loan: INDEPENDENT PUMP & SYSTEM MANAGEMENT LLC
> **$309K** approved 04/05/2020 · Paid in Full · Loan `5320087009`
## Borrower
- **Name:** INDEPENDENT PUMP & SYSTEM MANAGEMENT LLC
- **Address:** 6673 US 64, BLOOMFIELD, NM, 87413-9563
- **NAICS:** 237120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $309K
- **Jobs reported:** 25
## 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*