# PPP loan: BURAS OILFIELD SERVICES, LLC
> **$450K** approved 05/01/2020 · Paid in Full · Loan `9587107707`
## Borrower
- **Name:** BURAS OILFIELD SERVICES, LLC
- **Address:** 30975 HWY 11, BURAS, LA, 70041
- **NAICS:** 562910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $453K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Jobs reported:** 25
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*