# PPP loan: DESPAIN OIL FIELD SERVICES LLC
> **$176K** approved 04/15/2020 · Paid in Full · Loan `8738867106`
## Borrower
- **Name:** DESPAIN OIL FIELD SERVICES LLC
- **Address:** 4720 Rosewood, MIDLAND, TX, 79707
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $180K (102%)
- **Forgiveness date:** 02/22/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 12
## Lender
- **Originating:** American Momentum Bank
- **Servicing:** American Momentum Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*