# PPP loan: BASIN ENERGY, LLC
> **$482K** approved 01/29/2021 · Paid in Full · Loan `8251448310`
## Borrower
- **Name:** BASIN ENERGY, LLC
- **Address:** 189 SE Loop 338, Odessa, TX, 79766-5007
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $482K
- **Initial approval:** $482K
- **Forgiven:** $489K (101%)
- **Forgiveness date:** 07/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $482K
- **Utilities:** $1
- **Jobs reported:** 27
## 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) · MORVS · CC0 1.0*