# PPP loan: HULK OILFIELD SERVICES, INC.
> **$927K** approved 04/28/2020 · Paid in Full · Loan `8988437207`
## Borrower
- **Name:** HULK OILFIELD SERVICES, INC.
- **Address:** PO BOX 806, MONAHANS, TX, 79756-0806
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $927K
- **Initial approval:** $927K
- **Forgiven:** $219K (24%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 34 months
## Use of funds
- **Payroll:** $911K
- **Rent:** $13K
- **Utilities:** $2K
- **Debt interest:** $2K
- **Jobs reported:** 31
## Lender
- **Originating:** Tejas Bank
- **Servicing:** Tejas Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*