# PPP loan: TEXAS PETROLEUM INVESTMENT COMPANY
> **$5.06M** approved 04/09/2020 · Exemption 4 · Loan `9037157009`
## Borrower
- **Name:** TEXAS PETROLEUM INVESTMENT COMPANY
- **Address:** 5850 SAN FELIPE ST SUITE 250, HOUSTON, TX, 77057-3012
- **NAICS:** 211120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.06M
- **Initial approval:** $5.06M
- **Forgiven:** $4.80M (95%)
- **Forgiveness date:** 02/01/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $5.06M
- **Jobs reported:** 169
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*