# PPP loan: R & J ROUSTABOUT SERVICES, INC.
> **$238K** approved 04/04/2020 · Paid in Full · Loan `4917207006`
## Borrower
- **Name:** R & J ROUSTABOUT SERVICES, INC.
- **Address:** 600 TATUM HWY, LOVINGTON, NM, 88260-2333
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $231K (97%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Rent:** $10K
- **Utilities:** $3K
- **Health care:** $10K
- **Debt interest:** $10K
- **Jobs reported:** 13
## Lender
- **Originating:** Western Commerce Bank
- **Servicing:** Western Commerce Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*