# PPP loan: SORRELL CONSTRUCTION EQUIPMENT & MATERIALS, LLC
> **$742K** approved 04/07/2020 · Paid in Full · Loan `6865877004`
## Borrower
- **Name:** SORRELL CONSTRUCTION EQUIPMENT & MATERIALS, LLC
- **Address:** 2101 Oyster Creek Bend, FREEPORT, TX, 77542-2049
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $742K
- **Initial approval:** $742K
- **Forgiven:** $748K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $742K
- **Jobs reported:** 60
## Lender
- **Originating:** Texas Gulf Bank, National Association
- **Servicing:** Texas Gulf Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*