# PPP loan: PTECH DRILLING TUBULARS LLC
> **$712K** approved 04/07/2020 · Paid in Full · Loan `7260927008`
## Borrower
- **Name:** PTECH DRILLING TUBULARS LLC
- **Address:** 13618 POPLAR CIR, Suite 302, CONROE, TX, 77304-1671
- **NAICS:** 331210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $712K
- **Initial approval:** $712K
- **Forgiven:** $721K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $534K
- **Mortgage interest:** $89K
- **Utilities:** $89K
- **Jobs reported:** 48
## Lender
- **Originating:** Citizens Bank
- **Servicing:** Citizens Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*