# PPP loan: R&J OILFILED SREVICES
> **$657K** approved 04/27/2020 · Paid in Full · Loan `3824977206`
## Borrower
- **Name:** R&J OILFILED SREVICES
- **Address:** 730 S GRANDVIEW AVE, ODESSA, TX, 79761-7157
- **NAICS:** 213111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $657K
- **Initial approval:** $657K
- **Forgiven:** $664K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $526K
- **Mortgage interest:** $66K
- **Utilities:** $66K
- **Jobs reported:** 48
## Lender
- **Originating:** City Bank
- **Servicing:** City Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*