# PPP loan: U.S. ENERGY DEVELOPMENT CORPORATION
> **$1.22M** approved 04/12/2020 · Paid in Full · Loan `3831037106`
## Borrower
- **Name:** U.S. ENERGY DEVELOPMENT CORPORATION
- **Address:** 1521 North Cooper Street, Suite 400, ARLINGTON, TX, 76011-5522
- **NAICS:** 213111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $919K
- **Utilities:** $306K
- **Jobs reported:** 66
## Lender
- **Originating:** Washington Federal Bank d/b/a WaFd Bank
- **Servicing:** Washington Federal Bank d/b/a WaFd Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*