# PPP loan: AMARO OILFIELD CONSTRUCTION, LLC
> **$553K** approved 04/27/2020 · Paid in Full · Loan `6274027201`
## Borrower
- **Name:** AMARO OILFIELD CONSTRUCTION, LLC
- **Address:** 788 PO BOX, LAIRD HILL, TX, 75666-0788
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $553K
- **Initial approval:** $553K
- **Forgiven:** $513K (93%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $415K
- **Rent:** $111K
- **Mortgage interest:** $11K
- **Utilities:** $17K
- **Jobs reported:** 33
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*