# PPP loan: BASIN WIRE ROPE & RIGGING LLC
> **$195K** approved 02/17/2021 · Paid in Full · Loan `9564918402`
## Borrower
- **Name:** BASIN WIRE ROPE & RIGGING LLC
- **Address:** 7401 N County Rd W, Odessa, TX, 79764-1945
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 04/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $195K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** American Momentum Bank
- **Servicing:** American Momentum Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*