# PPP loan: TEXAS HOT OILERS, INC.
> **$694K** approved 04/07/2020 · Paid in Full · Loan `6954587002`
## Borrower
- **Name:** TEXAS HOT OILERS, INC.
- **Address:** 1005 County Road 217, GIDDINGS, TX, 78942-6118
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $694K
- **Initial approval:** $694K
- **Forgiven:** $703K (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $694K
- **Jobs reported:** 35
## Lender
- **Originating:** First National Bank of Giddings
- **Servicing:** First National Bank of Giddings (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*