# PPP loan: READY OILFIELD SERVICES INC
> **$550K** approved 04/09/2020 · Paid in Full · Loan `9340977000`
## Borrower
- **Name:** READY OILFIELD SERVICES INC
- **Address:** 2515 FOOTHILL BLVD, Suite 225, ROCK SPRINGS, WY, 82901-4733
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $553K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $440K
- **Mortgage interest:** $55K
- **Utilities:** $55K
- **Jobs reported:** 45
## Lender
- **Originating:** Bank of Commerce
- **Servicing:** Bank of Commerce (WY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*