# PPP loan: NITRO DOWNHOLE, LLC
> **$484K** approved 02/09/2021 · Paid in Full · Loan `5897538406`
## Borrower
- **Name:** NITRO DOWNHOLE, LLC
- **Address:** 117 Broadway, Nordheim, TX, 78141-3111
- **NAICS:** 213111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $484K
- **Initial approval:** $484K
- **Forgiven:** $488K (101%)
- **Forgiveness date:** 12/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $484K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*