# PPP loan: SOCIETY OF PETROLEUM ENGINEERS (SPE) INC.
> **$2.00M** approved 02/06/2021 · Paid in Full · Loan `4322288408`
## Borrower
- **Name:** SOCIETY OF PETROLEUM ENGINEERS (SPE) INC.
- **Address:** 222 Palisades Creek Dr, Richardson, TX, 75080-2040
- **NAICS:** 813920
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 11/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 149
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*