# PPP loan: BASIN DRILLING 3 LP
> **$442K** approved 01/16/2021 · Paid in Full · Loan `1223668307`
## Borrower
- **Name:** BASIN DRILLING 3 LP
- **Address:** 1121 E Southeast Loop 323 Ste 218, Tyler, TX, 75701-9694
- **NAICS:** 213111
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $442K
- **Initial approval:** $442K
- **Forgiven:** $445K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $442K
- **Jobs reported:** 35
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*