# PPP loan: GM OILFIELD & TRUCKING SERVICES LLC
> **$943K** approved 01/20/2021 · Exemption 4 · Loan `2196498302`
## Borrower
- **Name:** GM OILFIELD & TRUCKING SERVICES LLC
- **Address:** 3009 N County Road 1105, Midland, TX, 79706-4758
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $943K
- **Initial approval:** $943K
- **Forgiven:** $883K (94%)
- **Forgiveness date:** 01/24/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $943K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** Lone Star State Bank of West Texas, A Division of Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*