# PPP loan: L EVERITT INDUSTRIAL SUPPLY INC.
> **$404K** approved 01/30/2021 · Paid in Full · Loan `8888638305`
## Borrower
- **Name:** L EVERITT INDUSTRIAL SUPPLY INC.
- **Address:** 523 Crockett St, Channelview, TX, 77530-4353
- **NAICS:** 332996
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $407K (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $404K
- **Jobs reported:** 25
## Lender
- **Originating:** SouthTrust Bank, National Association
- **Servicing:** SouthTrust Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*