# PPP loan: TYLER WELL SERVICE CO
> **$191K** approved 04/06/2020 · Paid in Full · Loan `5991957000`
## Borrower
- **Name:** TYLER WELL SERVICE CO
- **Address:** 2123 N FRENCH DR, HOBBS, NM, 88240-9238
- **NAICS:** 213111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $191K
- **Initial approval:** $191K
- **Forgiven:** $137K (72%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Rent:** $6K
- **Utilities:** $3K
- **Jobs reported:** 12
## Lender
- **Originating:** Lea County State Bank
- **Servicing:** Lea County State Bank (NM)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*