# PPP loan: SOUTHWESTERN TRAILER EQUIPMENT CO. INC.
> **$191K** approved 02/13/2021 · Paid in Full · Loan `8790448407`
## Borrower
- **Name:** SOUTHWESTERN TRAILER EQUIPMENT CO. INC.
- **Address:** 2602 W Marland St, Hobbs, NM, 88240-8653
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $191K
- **Initial approval:** $191K
- **Forgiven:** $193K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $191K
- **Jobs reported:** 12
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*