# PPP loan: JOE'S ROUSTABOUT & WELL SERVICING LTD. CO.
> **$328K** approved 05/12/2020 · Paid in Full · Loan `5527017410`
## Borrower
- **Name:** JOE'S ROUSTABOUT & WELL SERVICING LTD. CO.
- **Address:** 1515 Calle Sur Suite 174, Hobbs, NM, 88240-0998
- **NAICS:** 213112
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $279K (85%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Jobs reported:** 26
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*