# PPP loan: OLIVER EQUIPMENT COMPANY
> **$721K** approved 04/07/2020 · Paid in Full · Loan `7416007000`
## Borrower
- **Name:** OLIVER EQUIPMENT COMPANY
- **Address:** 4620 BRITTMOORE RD, HOUSTON, TX, 77041-8008
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $721K
- **Initial approval:** $721K
- **Forgiven:** $726K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $721K
- **Jobs reported:** 41
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*