# PPP loan: SPENCER OIL COMPANY
> **$496K** approved 04/10/2020 · Paid in Full · Loan `1380767103`
## Borrower
- **Name:** SPENCER OIL COMPANY
- **Address:** 16410 Common Road, ROSEVILLE, MI, 48066-5903
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $496K
- **Initial approval:** $496K
- **Forgiven:** $501K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $496K
- **Jobs reported:** 44
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*