# PPP loan: PETRO AUTOMOTIVE GROUP INC
> **$738K** approved 04/15/2020 · Paid in Full · Loan `1332827201`
## Borrower
- **Name:** PETRO AUTOMOTIVE GROUP INC
- **Address:** 6248 U S HIGHWAY 98, HATTIESBURG, MS, 39402-8531
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $738K
- **Initial approval:** $738K
- **Forgiven:** $748K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $552K
- **Rent:** $54K
- **Mortgage interest:** $22K
- **Utilities:** $31K
- **Health care:** $43K
- **Debt interest:** $37K
- **Jobs reported:** 80
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*