# PPP loan: WELLSITE SERVICES, INC.
> **$529K** approved 08/05/2020 · Paid in Full · Loan `4125618205`
## Borrower
- **Name:** WELLSITE SERVICES, INC.
- **Address:** 3801 CARSON AVENUE, EVANS, CO, 80620-2505
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $529K
- **Initial approval:** $529K
- **Forgiven:** $533K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $484K
- **Rent:** $45K
- **Jobs reported:** 14
## Lender
- **Originating:** Mountain Valley Bank
- **Servicing:** Mountain Valley Bank (CO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*