# PPP loan: HUGHES METER & SUPPLY CO, INC.
> **$300K** approved 04/14/2020 · Paid in Full · Loan `6676747110`
## Borrower
- **Name:** HUGHES METER & SUPPLY CO, INC.
- **Address:** 1206 South Slaughter Avenue, SUNDOWN, TX, 79372
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $30K
- **Utilities:** $4K
- **Health care:** $6K
- **Jobs reported:** 25
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*