# PPP loan: INNOVATIVE DOWNHOLE SOLUTION INC.
> **$157K** approved 02/03/2021 · Paid in Full · Loan `1978508401`
## Borrower
- **Name:** INNOVATIVE DOWNHOLE SOLUTION INC.
- **Address:** 17810 E Hardy Rd, Houston, TX, 77073-3902
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $157K
- **Utilities:** $1
- **Jobs reported:** 9
## Lender
- **Originating:** Texas First Bank
- **Servicing:** Texas First Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*