# PPP loan: J & R VALLEY OILFIELD SERVICES, INC.
> **$332K** approved 04/26/2021 · Paid in Full · Loan `2118218903`
## Borrower
- **Name:** J & R VALLEY OILFIELD SERVICES, INC.
- **Address:** 8100 North Moorefield Road N/A, Alton, TX, 78573
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $332K
- **Initial approval:** $332K
- **Forgiven:** $336K (101%)
- **Forgiveness date:** 02/16/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $332K
- **Jobs reported:** 72
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*