# PPP loan: ENERGYPLEX DISTRIBUTING INC
> **$189K** approved 03/20/2021 · Paid in Full · Loan `5799818610`
## Borrower
- **Name:** ENERGYPLEX DISTRIBUTING INC
- **Address:** 6838 N Lovington Hwy, Hobbs, NM, 88240-9124
- **NAICS:** 333515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 04/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $189K
- **Utilities:** $1
- **Jobs reported:** 6
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*