# PPP loan: AWALT HOT OIL SERVICE, INC.
> **$285K** approved 04/09/2020 · Charged Off · Loan `9909327010`
## Borrower
- **Name:** AWALT HOT OIL SERVICE, INC.
- **Address:** 5202 MATHIS ST, MIDLAND, TX, 79707-3222
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $233K (82%)
- **Forgiveness date:** 05/21/2021
- **Status:** Charged Off
- **Term:** 26 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 9
## Lender
- **Originating:** The National Bank of Andrews
- **Servicing:** The National Bank of Andrews (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*