# PPP loan: SYNTHETIC OILS AND LUBRICANTS OF TEXAS
> **$745K** approved 05/01/2020 · Paid in Full · Loan `4217447704`
## Borrower
- **Name:** SYNTHETIC OILS AND LUBRICANTS OF TEXAS
- **Address:** 3707 FM 1960 WEST SUITE 560, HOUSTON, TX, 77068
- **NAICS:** 424690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $745K
- **Initial approval:** $745K
- **Forgiven:** $753K (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $745K
- **Jobs reported:** 41
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*