# PPP loan: LOWE TRACTOR & EQUIPMENT, INC.
> **$385K** approved 04/06/2020 · Paid in Full · Loan `5992027005`
## Borrower
- **Name:** LOWE TRACTOR & EQUIPMENT, INC.
- **Address:** 2213 State Hwy 64 West, HENDERSON, TX, 75652-7009
- **NAICS:** 423820
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $385K
- **Initial approval:** $385K
- **Forgiven:** $387K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $385K
- **Jobs reported:** 29
## Lender
- **Originating:** Texas Bank
- **Servicing:** Texas Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*