# PPP loan: EQUIPMENT PREFERENCE, INC
> **$501K** approved 04/05/2020 · Paid in Full · Loan `5393607000`
## Borrower
- **Name:** EQUIPMENT PREFERENCE, INC
- **Address:** 2255 STONE MYERS PKWY, STE 105, GRAPEVINE, TX, 76051-4748
- **NAICS:** 423850
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $563K
- **Forgiven:** $508K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $376K
- **Utilities:** $125K
- **Jobs reported:** 25
## 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*