# PPP loan: OILFIELD EQUIPMENT RENTALS LLC.
> **$514K** approved 02/27/2021 · Charged Off · Loan `5094008505`
## Borrower
- **Name:** OILFIELD EQUIPMENT RENTALS LLC.
- **Address:** 3903 N US Highway 287, Alvord, TX, 76225-7912
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $514K
- **Initial approval:** $514K
- **Forgiven:** $478K (93%)
- **Forgiveness date:** 01/27/2023
- **Status:** Charged Off
- **Term:** 18 months
## Use of funds
- **Payroll:** $514K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Harvest Small Business Finance, LLC
- **Servicing:** Harvest Small Business Finance, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*