# PPP loan: PRESTO OILFIELD SERVICES LLC
> **$205K** approved 01/26/2021 · Paid in Full · Loan `5977568306`
## Borrower
- **Name:** PRESTO OILFIELD SERVICES LLC
- **Address:** 3000 N Garfield St, Midland, TX, 79705-6400
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $205K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*