5J OILFIELD SERVICES LLC (TX) - 2020 PPP Loan Borrower Profile (# 1455017205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5J OILFIELD SERVICES LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Texas.

Loan Detail

Loan Number

1455017205

SBA Office Code

0610

Processing Method

PPP

Curent Loan Amount

$3,148,100

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$3,183,691.02

Date Loan was Forgiven

Jun 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

3,148,100

Lender

Hancock Whitney Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

484220

Borrower Location

PALESTINE, TX

Project Location

PALESTINE, TX

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

261

Business Age Description

Existing or more than 2 years old

Data Source: SBA.