# PPP loan: SCA OIL TOOLS INC.
> **$185K** approved 03/06/2021 · Exemption 4 · Loan `7462528501`
## Borrower
- **Name:** SCA OIL TOOLS INC.
- **Address:** 575 SE 1000, Andrews, TX, 79714
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $150K (81%)
- **Forgiveness date:** 05/05/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $185K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** The National Bank of Andrews
- **Servicing:** The National Bank of Andrews (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*