# PPP loan: TEXAS OILTECH LABORATORIES, LP
> **$487K** approved 04/08/2020 · Paid in Full · Loan `7965107009`
## Borrower
- **Name:** TEXAS OILTECH LABORATORIES, LP
- **Address:** 10630 Fallstone Rd., HOUSTON, TX, 77099-4304
- **NAICS:** 541690
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $493K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Mortgage interest:** $61K
- **Utilities:** $61K
- **Jobs reported:** 35
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*