# PPP loan: YALE OIL ASSOCIATION, INC
> **$196K** approved 04/09/2020 · Paid in Full · Loan `1069827105`
## Borrower
- **Name:** YALE OIL ASSOCIATION, INC
- **Address:** 6 NE 63RD ST SUITE 425, OKLAHOMA CITY, OK, 73105-1400
- **NAICS:** 211130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $14K
- **Utilities:** $8K
- **Health care:** $15K
- **Debt interest:** $10K
- **Jobs reported:** 8
## Lender
- **Originating:** BancFirst
- **Servicing:** BancFirst (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*