# PPP loan: GICON PUMPS & EQUIPMENT, INC
> **$1.59M** approved 04/06/2020 · Paid in Full · Loan `6207057003`
## Borrower
- **Name:** GICON PUMPS & EQUIPMENT, INC
- **Address:** 1001 Texas Ave, LUBBOCK, TX, 79401-3317
- **NAICS:** 424910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.59M
- **Jobs reported:** 105
## Lender
- **Originating:** Lone Star State Bank of West Texas, A Division of Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*