# PPP loan: PETROLEUM EXPLORATION COMPANY LTD.
> **$1.06M** approved 02/10/2021 · Paid in Full · Loan `6295798400`
## Borrower
- **Name:** PETROLEUM EXPLORATION COMPANY LTD.
- **Address:** 220 W Elm St, Breckenridge, TX, 76424-3532
- **NAICS:** 213112
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 12/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.06M
- **Utilities:** $1
- **Jobs reported:** 86
## Lender
- **Originating:** Clear Fork Bank National Association
- **Servicing:** Clear Fork Bank National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*