# PPP loan: BLACK VALLEY DIRECTIONAL DRILLING, LLC
> **$394K** approved 04/28/2020 · Charged Off · Loan `6694317201`
## Borrower
- **Name:** BLACK VALLEY DIRECTIONAL DRILLING, LLC
- **Address:** 900 OLD HIGHWAY 105, CONROE, TX, 77304-3111
- **NAICS:** 213111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $295K
- **Utilities:** $98K
- **Jobs reported:** 10
## Lender
- **Originating:** Wallis Bank
- **Servicing:** Wallis Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*