# PPP loan: LENCHO OILFIELD SERVICES INCORPORATED
> **$233K** approved 01/27/2021 · Charged Off · Loan `6431718306`
## Borrower
- **Name:** LENCHO OILFIELD SERVICES INCORPORATED
- **Address:** 10635 Pelican Point Dr, Keithville, LA, 71047-8913
- **NAICS:** 213111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $233K
- **Initial approval:** $233K
- **Status:** Charged Off
- **Term:** 36 months
## Use of funds
- **Payroll:** $233K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*