# PPP loan: HI PLAINS ELECTRIC MOTOR REPAIR
> **$172K** approved 04/14/2020 · Paid in Full · Loan `6019297106`
## Borrower
- **Name:** HI PLAINS ELECTRIC MOTOR REPAIR
- **Address:** 3211 CLOVIS RD, LUBBOCK, TX, 79415-1501
- **NAICS:** 811111
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 16
## Lender
- **Originating:** SouthWest Bank
- **Servicing:** SouthWest Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*