# PPP loan: TEXAS INDUSTRIAL ENGINE & OILFIELD EQUIPMENT INC
> **$208K** approved 01/27/2021 · Paid in Full · Loan `6587648305`
## Borrower
- **Name:** TEXAS INDUSTRIAL ENGINE & OILFIELD EQUIPMENT INC
- **Address:** 3500 Hwy 281, George West, TX, 78022
- **NAICS:** 333132
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $210K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $208K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** SouthTrust Bank, National Association
- **Servicing:** SouthTrust Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*