# PPP loan: ABBOTT'S OIL FIELD SUPPLY, INC
> **$203K** approved 05/06/2020 · Paid in Full · Loan `2526087403`
## Borrower
- **Name:** ABBOTT'S OIL FIELD SUPPLY, INC
- **Address:** 1101 W. 2nd STREET, ODESSA, TX, 79763
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Jobs reported:** 15
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*