# PPP loan: WCO OILFIELD SERVICES INC
> **$869K** approved 04/13/2020 · Paid in Full · Loan `5563357110`
## Borrower
- **Name:** WCO OILFIELD SERVICES INC
- **Address:** 2077 S 10TH ST, RIFLE, CO, 81650-8622
- **NAICS:** 484220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $869K
- **Initial approval:** $869K
- **Forgiven:** $829K (95%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $651K
- **Rent:** $217K
- **Jobs reported:** 40
## Lender
- **Originating:** Timberline Bank
- **Servicing:** Timberline Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*