# PPP loan: COT OILFIELD SERVICES, LLC
> **$338K** approved 04/14/2020 · Charged Off · Loan `7459787109`
## Borrower
- **Name:** COT OILFIELD SERVICES, LLC
- **Address:** 2950 Unity Drive, HOUSTON, TX, 77257-3651
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Status:** Charged Off
- **Term:** — months
## Use of funds
- **Payroll:** $284K
- **Rent:** $43K
- **Utilities:** $9K
- **Debt interest:** $2K
- **Jobs reported:** 37
## Lender
- **Originating:** b1BANK
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*