# PPP loan: POWER EQUIPMENT & ENGINEERING INC
> **$211K** approved 04/30/2020 · Paid in Full · Loan `6116627307`
## Borrower
- **Name:** POWER EQUIPMENT & ENGINEERING INC
- **Address:** 209 SW 89th St Ste J, Oklahoma City, OK, 73139-8521
- **NAICS:** 425120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $211K
- **Initial approval:** $211K
- **Forgiven:** $213K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $211K
- **Jobs reported:** 19
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*