# PPP loan: PURE ENERGY PLEXX SERVICES, LLC
> **$219K** approved 04/13/2020 · Charged Off · Loan `5194297109`
## Borrower
- **Name:** PURE ENERGY PLEXX SERVICES, LLC
- **Address:** 414 N. Turner, HOBBS, NM, 88240
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $203K (93%)
- **Forgiveness date:** 06/29/2021
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $219K
- **Jobs reported:** 50
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*