# PPP loan: PROCESS EQUIPMENT & SERVICE COMPANY, INC.
> **$5.20M** approved 04/07/2020 · Paid in Full · Loan `6943447000`
## Borrower
- **Name:** PROCESS EQUIPMENT & SERVICE COMPANY, INC.
- **Address:** 5680 US 64, FARMINGTON, NM, 87401-1563
- **NAICS:** 333132
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.20M
- **Initial approval:** $5.20M
- **Forgiven:** $5.26M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.20M
- **Jobs reported:** 162
## Lender
- **Originating:** Four Corners Community Bank
- **Servicing:** Four Corners Community Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*