# PPP loan: RENEGADE OIL TOOLS, LLC
> **$850K** approved 01/23/2021 · Paid in Full · Loan `4231388310`
## Borrower
- **Name:** RENEGADE OIL TOOLS, LLC
- **Address:** 103 Guernsey Ln, Youngsville, LA, 70592-5443
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $850K
- **Initial approval:** $850K
- **Forgiven:** $859K (101%)
- **Forgiveness date:** 03/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $850K
- **Utilities:** $1
- **Jobs reported:** 82
## Lender
- **Originating:** Rayne State Bank & Trust Company
- **Servicing:** Rayne State Bank & Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*