# PPP loan: PONDEROSA OILFIELD SERVICE
> **$391K** approved 04/09/2020 · Paid in Full · Loan `8911447005`
## Borrower
- **Name:** PONDEROSA OILFIELD SERVICE
- **Address:** 2830 S 500 E, VERNAL, UT, 84078-4745
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $391K
- **Initial approval:** $391K
- **Forgiven:** $396K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $391K
- **Jobs reported:** 23
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*