# PPP loan: SOUTH TEXAS OILFIELD MAINTENANCE, INC.
> **$689K** approved 04/08/2020 · Paid in Full · Loan `7779697007`
## Borrower
- **Name:** SOUTH TEXAS OILFIELD MAINTENANCE, INC.
- **Address:** 135 Fairgrounds, REFUGIO, TX, 78377-0135
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $689K
- **Initial approval:** $704K
- **Forgiven:** $693K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $689K
- **Jobs reported:** 57
## Lender
- **Originating:** Texas Champion Bank
- **Servicing:** Texas Champion Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*