# PPP loan: FOOTHILLS ENERGY SERVICES INC.
> **$1.30M** approved 04/07/2020 · Paid in Full · Loan `7219507009`
## Borrower
- **Name:** FOOTHILLS ENERGY SERVICES INC.
- **Address:** 2042 Kelty Road, FRANKTOWN, CO, 80116-9601
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $977K
- **Rent:** $163K
- **Utilities:** $163K
- **Jobs reported:** 109
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*