# PPP loan: TEXAS SECONDARY OIL CORPORATION
> **$275K** approved 04/15/2020 · Charged Off · Loan `9094367107`
## Borrower
- **Name:** TEXAS SECONDARY OIL CORPORATION
- **Address:** 7210 FALCON DR, BROOKSHIRE, TX, 77423-9155
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $176K (64%)
- **Forgiveness date:** 06/18/2021
- **Status:** Charged Off
- **Term:** 7 months
## Use of funds
- **Payroll:** $275K
- **Jobs reported:** 21
## Lender
- **Originating:** Security State Bank
- **Servicing:** Security State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*