# PPP loan: ENTERPRISE OFFSHORE DRILLING LLC
> **$9.79M** approved 04/09/2020 · Exemption 4 · Loan `9162657005`
## Borrower
- **Name:** ENTERPRISE OFFSHORE DRILLING LLC
- **Address:** 11700 Katy Freeway Suite 550, HOUSTON, TX, 77079-1216
- **NAICS:** 213111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $9.79M
- **Initial approval:** $9.79M
- **Forgiven:** $3.61M (37%)
- **Forgiveness date:** 07/01/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $9.30M
- **Rent:** $180K
- **Utilities:** $10K
- **Debt interest:** $300K
- **Jobs reported:** 237
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*