# PPP loan: REACTIVE DOWNHOLE TOOLS INC
> **$376K** approved 04/11/2020 · Paid in Full · Loan `3123117105`
## Borrower
- **Name:** REACTIVE DOWNHOLE TOOLS INC
- **Address:** 19945 Aldine Westfield Rd, Humble, TX, 77338-3303
- **NAICS:** 325520
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $376K
- **Initial approval:** $376K
- **Forgiven:** $375K (100%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $376K
- **Jobs reported:** 26
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*