# PPP loan: HERB EASLEY MOTORS, INC.
> **$829K** approved 04/07/2020 · Paid in Full · Loan `7445837001`
## Borrower
- **Name:** HERB EASLEY MOTORS, INC.
- **Address:** 1125 CENTRAL FWY, WICHITA FALLS, TX, 76306-5944
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $829K
- **Initial approval:** $829K
- **Forgiven:** $834K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $829K
- **Jobs reported:** 84
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*