# PPP loan: STRAND ENERGY, L.C.
> **$242K** approved 04/05/2020 · Paid in Full · Loan `5383077003`
## Borrower
- **Name:** STRAND ENERGY, L.C.
- **Address:** 440 Louisiana, Suite 2600, HOUSTON, TX, 77002
- **NAICS:** 211120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 14
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*