# PPP loan: BLUECREST ENERGY INC.
> **$660K** approved 04/09/2020 · Paid in Full · Loan `9385787006`
## Borrower
- **Name:** BLUECREST ENERGY INC.
- **Address:** 1320 S. University Drive Suite 825 0.0, Fort Worth, TX, 76107-8060
- **NAICS:** 211120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $660K
- **Initial approval:** $660K
- **Forgiven:** $665K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $531K
- **Rent:** $40K
- **Utilities:** $25K
- **Health care:** $64K
- **Jobs reported:** 28
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*