# PPP loan: ELITE LEASING AND OILFIELD SERVICES
> **$389K** approved 04/04/2020 · Paid in Full · Loan `4990357001`
## Borrower
- **Name:** ELITE LEASING AND OILFIELD SERVICES
- **Address:** 902 E 19TH ST, SAN ANGELO, TX, 76903-3523
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Forgiven:** $393K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $292K
- **Mortgage interest:** $49K
- **Utilities:** $49K
- **Jobs reported:** 39
## Lender
- **Originating:** Texas State Bank
- **Servicing:** Texas State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*