# PPP loan: RED HAND OILFIELD SERVICES
> **$262K** approved 02/09/2021 · Paid in Full · Loan `5726488410`
## Borrower
- **Name:** RED HAND OILFIELD SERVICES
- **Address:** 5725 E 1000 N, Fort Duchesne, UT, 84026
- **NAICS:** 812990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 08/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $262K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*