# PPP loan: K & B OILFIELD SERVICES, INC.
> **$1.92M** approved 04/03/2020 · Paid in Full · Loan `4569737004`
## Borrower
- **Name:** K & B OILFIELD SERVICES, INC.
- **Address:** 120 Taylor Street, HENDERSON, TX, 75652-5267
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.92M
- **Initial approval:** $1.92M
- **Forgiven:** $1.52M (79%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.92M
- **Jobs reported:** 96
## Lender
- **Originating:** Texas Bank
- **Servicing:** Texas Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*