# PPP loan: ARGENIO PRODUCTION RIGGING SERVICES LLC
> **$156K** approved 02/12/2021 · Exemption 4 · Loan `7449398407`
## Borrower
- **Name:** ARGENIO PRODUCTION RIGGING SERVICES LLC
- **Address:** 5508 Bridgeman Ct, Durham, NC, 27703-8538
- **NAICS:** 711510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $164K
- **Forgiven:** $145K (93%)
- **Forgiveness date:** 10/08/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $156K
- **Utilities:** $1
- **Jobs reported:** 243
## Lender
- **Originating:** West Town Bank & Trust
- **Servicing:** West Town Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*