# PPP loan: CAPROCK OIL TOOLS, INC.
> **$509K** approved 04/15/2020 · Paid in Full · Loan `8851907107`
## Borrower
- **Name:** CAPROCK OIL TOOLS, INC.
- **Address:** 3446 South MAIN ST, PEARLAND, TX, 77581-4733
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $509K
- **Initial approval:** $509K
- **Forgiven:** $516K (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $509K
- **Jobs reported:** 37
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*