# PPP loan: PETROLEUM PRODUCING SERVICES LLC
> **$272K** approved 01/16/2021 · Paid in Full · Loan `1098728301`
## Borrower
- **Name:** PETROLEUM PRODUCING SERVICES LLC
- **Address:** 4637 S US Highway 281, Alice, TX, 78332-2945
- **NAICS:** 213111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 12/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $272K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** First State Bank of San Diego
- **Servicing:** First State Bank of San Diego (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*