# PPP loan: OILFIELD SAND TRANSPORT LLC
> **$197K** approved 06/19/2020 · Charged Off · Loan `9150417910`
## Borrower
- **Name:** OILFIELD SAND TRANSPORT LLC
- **Address:** 3705 Merrill Avenue, Odessa, TX, 79764-6640
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $159K (81%)
- **Forgiveness date:** 08/04/2021
- **Status:** Charged Off
- **Term:** 43 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $25K
- **Utilities:** $25K
- **Jobs reported:** 16
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*