# PPP loan: CAROUSEL ENERGY SERVICES, LLC
> **$526K** approved 04/15/2020 · Exemption 4 · Loan `2177797209`
## Borrower
- **Name:** CAROUSEL ENERGY SERVICES, LLC
- **Address:** 14211 N State HWY 16, POTEET, TX, 78065-4117
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $526K
- **Initial approval:** $526K
- **Forgiven:** $256K (49%)
- **Forgiveness date:** 12/21/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $447K
- **Rent:** $26K
- **Utilities:** $53K
- **Jobs reported:** 49
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*