# PPP loan: HERNCO FABRICATION & SERVICES, INC.
> **$333K** approved 04/05/2020 · Paid in Full · Loan `5409697000`
## Borrower
- **Name:** HERNCO FABRICATION & SERVICES, INC.
- **Address:** 2131 COMMERCE DR, MIDLAND, TX, 79703-7504
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $336K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $333K
- **Jobs reported:** 32
## 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*