# PPP loan: STRIDE OILFIELD SERVICES LLC
> **$251K** approved 04/08/2020 · Charged Off · Loan `8713597003`
## Borrower
- **Name:** STRIDE OILFIELD SERVICES LLC
- **Address:** 3404 W ILLINOIS AVE SUITE 206, MIDLAND, TX, 79703-5600
- **NAICS:** 211120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $218K (87%)
- **Forgiveness date:** 07/14/2021
- **Status:** Charged Off
- **Term:** 73 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 44
## Lender
- **Originating:** Continental Bank
- **Servicing:** Continental Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*