# PPP loan: PETROLEUM EQUIPMENT & SERVICES INC.
> **$378K** approved 02/27/2021 · Paid in Full · Loan `5112228506`
## Borrower
- **Name:** PETROLEUM EQUIPMENT & SERVICES INC.
- **Address:** 5631 Silverado Way Ste G1, Anchorage, AK, 99518-1682
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $382K (101%)
- **Forgiveness date:** 05/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $378K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Greater Nevada CU
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*