# PPP loan: DOWNHOLE INNOVATIONS LLC
> **$272K** approved 04/12/2020 · Paid in Full · Loan `3888407100`
## Borrower
- **Name:** DOWNHOLE INNOVATIONS LLC
- **Address:** 6807 WILLOW BROOK PARK, HOUSTON, TX, 77066-3015
- **NAICS:** 541690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Jobs reported:** 13
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*