# PPP loan: NAPHTHA ENERGY SOLUTIONS LLC
> **$303K** approved 04/05/2020 · Charged Off · Loan `5432537007`
## Borrower
- **Name:** NAPHTHA ENERGY SOLUTIONS LLC
- **Address:** 1645 GREENS PRAIRIE RD W STE 204, COLLEGE STATION, TX, 77845-8400
- **NAICS:** 541690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $293K (97%)
- **Forgiveness date:** 09/07/2021
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $227K
- **Utilities:** $76K
- **Jobs reported:** 25
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*