# PPP loan: EASTWOOD OILFIELD CONSULTING SERVICE LLC
> **$723K** approved 04/14/2020 · Charged Off · Loan `7802007107`
## Borrower
- **Name:** EASTWOOD OILFIELD CONSULTING SERVICE LLC
- **Address:** 2271 WEST US HWY 287, GROVETON, TX, 75845
- **NAICS:** 541611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $723K
- **Initial approval:** $723K
- **Status:** Charged Off
- **Term:** 7 months
## Use of funds
- **Payroll:** $578K
- **Utilities:** $72K
- **Health care:** $72K
- **Jobs reported:** 21
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*