# PPP loan: PERRYTON EQUITY EXCHANGE
> **$1.79M** approved 04/09/2020 · Paid in Full · Loan `9540677009`
## Borrower
- **Name:** PERRYTON EQUITY EXCHANGE
- **Address:** 4219 S Main St., PERRYTON, TX, 79070-9706
- **NAICS:** 493130
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.79M
- **Initial approval:** $1.79M
- **Forgiven:** $1.80M (101%)
- **Forgiveness date:** 03/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.34M
- **Rent:** $179K
- **Utilities:** $268K
- **Jobs reported:** 148
## Lender
- **Originating:** FirstBank Southwest
- **Servicing:** FirstBank Southwest (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*