# PPP loan: BASIN ENERGY, LLC
> **$476K** approved 04/07/2020 · Paid in Full · Loan `7563437000`
## Borrower
- **Name:** BASIN ENERGY, LLC
- **Address:** 189 SE LOOP 338, ODESSA, TX, 79766-5007
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $476K
- **Initial approval:** $476K
- **Forgiven:** $482K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $476K
- **Jobs reported:** 32
## Lender
- **Originating:** American Momentum Bank
- **Servicing:** American Momentum Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*