# PPP loan: CNJ OILFIELD SERVICES LLC
> **$2.49M** approved 04/03/2020 · Exemption 4 · Loan `4378857002`
## Borrower
- **Name:** CNJ OILFIELD SERVICES LLC
- **Address:** 1440 HINES RD, FARMINGTON, NM, 87401-8131
- **NAICS:** 238990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.49M
- **Initial approval:** $2.49M
- **Forgiven:** $2.16M (87%)
- **Forgiveness date:** 06/11/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.44M
- **Rent:** $39K
- **Utilities:** $10K
- **Jobs reported:** 152
## Lender
- **Originating:** The Citizens Bank
- **Servicing:** The Citizens Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*