# PPP loan: HUGHES RENTAL AND SALES, INC.
> **$369K** approved 04/08/2020 · Paid in Full · Loan `8251897004`
## Borrower
- **Name:** HUGHES RENTAL AND SALES, INC.
- **Address:** 1611 SOUTH GREGG ST, BIG SPRING, TX, 79720-4521
- **NAICS:** 453998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $369K
- **Initial approval:** $369K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $369K
- **Jobs reported:** 48
## 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*