# PPP loan: ANDREWS MAGNETO SERVICE & SUPPLY
> **$150K** approved 04/08/2021 · Paid in Full · Loan `8938018709`
## Borrower
- **Name:** ANDREWS MAGNETO SERVICE & SUPPLY
- **Address:** 200 SW 1st St, Andrews, TX, 79714-7108
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 06/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 11
## 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*