# PPP loan: VERNON BOWERS ENTERPRISES, INC.
> **$198K** approved 04/07/2020 · Paid in Full · Loan `7179137010`
## Borrower
- **Name:** VERNON BOWERS ENTERPRISES, INC.
- **Address:** 5901 W. DAVIS ST, CONROE, TX, 77304-4898
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Utilities:** $49K
- **Jobs reported:** 27
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*