# PPP loan: DRILLCHEM DRILLING SOLUTIONS LLC
> **$400K** approved 01/25/2021 · Paid in Full · Loan `5187198308`
## Borrower
- **Name:** DRILLCHEM DRILLING SOLUTIONS LLC
- **Address:** 8701 New Trails Dr Ste 100, The Woodlands, TX, 77381-4382
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $402K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $400K
- **Jobs reported:** 33
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*