# PPP loan: PETROLEUM EQUIPMENT & SERVICES ASSOCIATION
> **$274K** approved 02/14/2021 · Paid in Full · Loan `9062098405`
## Borrower
- **Name:** PETROLEUM EQUIPMENT & SERVICES ASSOCIATION
- **Address:** 2500 Citywest Blvd Ste 1110, Houston, TX, 77042-3049
- **NAICS:** 813910
- **Business type:** 501(c)6 ¿ Non Profit Membership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 10/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*