# PPP loan: L&M BACKHOE INC.
> **$210K** approved 03/08/2021 · Paid in Full · Loan `7869428508`
## Borrower
- **Name:** L&M BACKHOE INC.
- **Address:** 1980 NORTH US HIGHWAY 385, ANDREWS, TX, 79714
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $211K (100%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $210K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** The National Bank of Andrews
- **Servicing:** The National Bank of Andrews (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*