# PPP loan: SENDERO OILFIELD SERVICES INC
> **$606K** approved 04/06/2020 · Exemption 4 · Loan `6455167000`
## Borrower
- **Name:** SENDERO OILFIELD SERVICES INC
- **Address:** 5313 HWY 44 E, FREER, TX, 78357-0001
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $606K
- **Initial approval:** $606K
- **Forgiven:** $284K (47%)
- **Forgiveness date:** 01/21/2022
- **Status:** Exemption 4
- **Term:** 58 months
## Use of funds
- **Payroll:** $484K
- **Mortgage interest:** $21K
- **Utilities:** $100K
- **Jobs reported:** 22
## Lender
- **Originating:** First State Bank of San Diego
- **Servicing:** First State Bank of San Diego (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*