# PPP loan: STANDARD RIG SOLUTIONS, LLC
> **$404K** approved 04/06/2020 · Paid in Full · Loan `6397207000`
## Borrower
- **Name:** STANDARD RIG SOLUTIONS, LLC
- **Address:** 11263 SOUTH INTERSTATE 35, LORENA, TX, 76655-3608
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $408K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $303K
- **Rent:** $101K
- **Jobs reported:** 43
## Lender
- **Originating:** First National Bank of Central Texas
- **Servicing:** First National Bank of Central Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*