# PPP loan: ARENA ENERGY, LP
> **$1.80M** approved 04/11/2020 · Paid in Full · Loan `3031877102`
## Borrower
- **Name:** ARENA ENERGY, LP
- **Address:** 2103 RESEARCH FOREST DR Suite 400, The Woodlands, TX, 77380-2624
- **NAICS:** 211120
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.80M
- **Initial approval:** $1.80M
- **Forgiven:** $1.82M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.42M
- **Rent:** $300K
- **Utilities:** $77K
- **Jobs reported:** 70
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*