# PPP loan: RED ENERGY SERVICES LP
> **$250K** approved 02/03/2021 · Paid in Full · Loan `2337208410`
## Borrower
- **Name:** RED ENERGY SERVICES LP
- **Address:** 1005 W 31st St, Monahans, TX, 79756-7701
- **NAICS:** 213112
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $1
- **Jobs reported:** 12
## 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*