# PPP loan: RED ENERGY SERVICES LP
> **$190K** approved 04/13/2020 · Paid in Full · Loan `4276397103`
## Borrower
- **Name:** RED ENERGY SERVICES LP
- **Address:** 1005 W 31ST, MONAHANS, TX, 79756
- **NAICS:** 213112
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $192K (101%)
- **Forgiveness date:** 03/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Jobs reported:** 12
## Lender
- **Originating:** American Momentum Bank
- **Servicing:** American Momentum Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*