# PPP loan: PHOENIX DRILLING LLC
> **$178K** approved 08/03/2020 · Paid in Full · Loan `2829798201`
## Borrower
- **Name:** PHOENIX DRILLING LLC
- **Address:** 4928 n CYPRESS AVE, ODESSA, TX, 79764-9609
- **NAICS:** 213111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $178K
- **Jobs reported:** 17
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*