# PPP loan: M2 OILFIELD SERVICES LLC
> **$245K** approved 04/04/2020 · Paid in Full · Loan `5017757006`
## Borrower
- **Name:** M2 OILFIELD SERVICES LLC
- **Address:** 1548 STATE HWY 214, DENVER CITY, TX, 79323-6001
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Mortgage interest:** $31K
- **Utilities:** $31K
- **Jobs reported:** 17
## 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*