# PPP loan: ARIES WELL SERVICE INC.
> **$2.00M** approved 02/19/2021 · Paid in Full · Loan `1490768503`
## Borrower
- **Name:** ARIES WELL SERVICE INC.
- **Address:** 2626 W Marland St, Hobbs, NM, 88240-8653
- **NAICS:** 213111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 03/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 111
## Lender
- **Originating:** American Momentum Bank
- **Servicing:** American Momentum Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*