# PPP loan: PENTA RESOURCES LLC
> **$240K** approved 02/04/2021 · Paid in Full · Loan `3146808404`
## Borrower
- **Name:** PENTA RESOURCES LLC
- **Address:** 1705 N Big Spring St, Midland, TX, 79701-2605
- **NAICS:** 213112
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 08/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*