# PPP loan: NAPHTHA ENTERPRISES, LLC
> **$416K** approved 04/29/2020 · Charged Off · Loan `3149127302`
## Borrower
- **Name:** NAPHTHA ENTERPRISES, LLC
- **Address:** 2447 N KNOX AVE, ODESSA, TX, 79763-6824
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $377K (91%)
- **Forgiveness date:** 02/25/2022
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $416K
- **Jobs reported:** 13
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*