# PPP loan: R3 PETROLEUM CONTRACTORS, LLC
> **$2.10M** approved 04/14/2020 · Paid in Full · Loan `7583517106`
## Borrower
- **Name:** R3 PETROLEUM CONTRACTORS, LLC
- **Address:** 2858 Steven Rd, ODESSA, TX, 79764
- **NAICS:** 424710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.10M
- **Initial approval:** $2.10M
- **Forgiven:** $2.12M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.10M
- **Jobs reported:** 115
## 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*