# PPP loan: WALLY'S EQUIPMENT, INC.
> **$1.12M** approved 04/05/2020 · Paid in Full · Loan `5456587005`
## Borrower
- **Name:** WALLY'S EQUIPMENT, INC.
- **Address:** 107 S Slaughter Ave, SUNDOWN, TX, 79372-9800
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.08M (96%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Jobs reported:** 55
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*