# PPP loan: STANDARD WELL SERVICES, LLC
> **$232K** approved 04/16/2020 · Paid in Full · Loan `3042707201`
## Borrower
- **Name:** STANDARD WELL SERVICES, LLC
- **Address:** 1049 S FLOURNOY RD, ALICE, TX, 78332
- **NAICS:** 213111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $235K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $219K
- **Rent:** $5K
- **Utilities:** $750
- **Health care:** $8K
- **Jobs reported:** 24
## Lender
- **Originating:** Vantage Bank Texas
- **Servicing:** Vantage Bank Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*