# PPP loan: FAIN DRILLING AND PUMP COMPANY
> **$239K** approved 05/01/2020 · Paid in Full · Loan `4897667703`
## Borrower
- **Name:** FAIN DRILLING AND PUMP COMPANY
- **Address:** 12029 OLD CASTLE ROAD, VALLEY CENTER, CA, 92082
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Jobs reported:** 15
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*