# PPP loan: SOUTH TEXAS OILFIELD MAINTENANCE INC.
> **$689K** approved 01/27/2021 · Paid in Full · Loan `6911678306`
## Borrower
- **Name:** SOUTH TEXAS OILFIELD MAINTENANCE INC.
- **Address:** 135 Fairground, Refugio, TX, 78377
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $689K
- **Initial approval:** $689K
- **Forgiven:** $694K (101%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $689K
- **Jobs reported:** 60
## Lender
- **Originating:** Texas Champion Bank
- **Servicing:** Texas Champion Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*