# PPP loan: OHLMANN ENTERPRISES LLC
> **$216K** approved 02/13/2021 · Exemption 4 · Loan `8701198403`
## Borrower
- **Name:** OHLMANN ENTERPRISES LLC
- **Address:** 1309 Cotton Flat Rd, Midland, TX, 79701-8502
- **NAICS:** 238220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $195K (90%)
- **Forgiveness date:** 11/10/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $216K
- **Jobs reported:** 15
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*