# PPP loan: IV KINGS OILFIELD SERVICES INC
> **$245K** approved 04/15/2020 · Paid in Full · Loan `8969437103`
## Borrower
- **Name:** IV KINGS OILFIELD SERVICES INC
- **Address:** 2500 S. Crane Avenue, ODESSA, TX, 79766
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $249K (102%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 17
## 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*