# PPP loan: BEARD EQUIPMENT COMPANY, INC.
> **$326K** approved 01/26/2021 · Paid in Full · Loan `5869358305`
## Borrower
- **Name:** BEARD EQUIPMENT COMPANY, INC.
- **Address:** 4509 W Interstate 20, Midland, TX, 79706-2116
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $326K
- **Initial approval:** $326K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $326K
- **Jobs reported:** 18
## Lender
- **Originating:** Sundown State Bank
- **Servicing:** Sundown State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*