5J OILFIELD SERVICES LLC (TX) - 2020 PPP Loan Borrower Profile (# 6952478301)

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

6952478301

SBA Office Code

0610

Processing Method

PPS

Curent Loan Amount

$1,769,001.77

Date Loan was Approved

Jan 27, 2021

Amount Forgiven

$1,782,039.07

Date Loan was Forgiven

Oct 29, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,768,997.77

Lender

Prosperity 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

195

Business Age Description

Existing or more than 2 years old

Data Source: SBA.