# PPP loan: ELLIS EQUIPMENT COMPANY LTD
> **$271K** approved 04/15/2020 · Paid in Full · Loan `9551647104`
## Borrower
- **Name:** ELLIS EQUIPMENT COMPANY LTD
- **Address:** 1313 Fort Worth Hwy, WEATHERFORD, TX, 76086-4622
- **NAICS:** 444130
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Rent:** $17K
- **Utilities:** $4K
- **Health care:** $18K
- **Jobs reported:** 27
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*