# PPP loan: WORTHEN EQUIPMENT INC.
> **$275K** approved 04/07/2020 · Paid in Full · Loan `7366727005`
## Borrower
- **Name:** WORTHEN EQUIPMENT INC.
- **Address:** 8640 Canyon River Dive, SPARKS, NV, 89434-9637
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Rent:** $13K
- **Mortgage interest:** $7K
- **Health care:** $15K
- **Jobs reported:** 24
## Lender
- **Originating:** Meadows Bank
- **Servicing:** Meadows Bank (NV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*