# PPP loan: BILLY L. AND JOAN NABORS, INC.
> **$251K** approved 04/06/2020 · Paid in Full · Loan `5883227007`
## Borrower
- **Name:** BILLY L. AND JOAN NABORS, INC.
- **Address:** 2802 N. Hwy 175, SEAGOVILLE, TX, 75159-2415
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Rent:** $38K
- **Utilities:** $25K
- **Jobs reported:** 26
## Lender
- **Originating:** Texas Security Bank
- **Servicing:** Texas Security Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*