# PPP loan: WORKOVER EQUIPMENT RENTAL CO INC
> **$274K** approved 03/01/2021 · Paid in Full · Loan `5618248509`
## Borrower
- **Name:** WORKOVER EQUIPMENT RENTAL CO INC
- **Address:** 134 E AMEDEE DR, SCOTT, LA, 70583
- **NAICS:** 532412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** BankPlus
- **Servicing:** BankPlus (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*