# PPP loan: SPA DRILLING LP
> **$261K** approved 04/09/2020 · Paid in Full · Loan `9465557007`
## Borrower
- **Name:** SPA DRILLING LP
- **Address:** 6663 PO BOX, ABILENE, TX, 79608-6663
- **NAICS:** 213111
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $126K (48%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Utilities:** $65K
- **Jobs reported:** 14
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*