# PPP loan: LIPSCOMB OIL CO. INC.
> **$534K** approved 01/19/2021 · Paid in Full · Loan `1702808309`
## Borrower
- **Name:** LIPSCOMB OIL CO. INC.
- **Address:** 1010 N Broadway St, Greenville, MS, 38701-2004
- **NAICS:** 445120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $534K
- **Initial approval:** $534K
- **Forgiven:** $537K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $534K
- **Utilities:** $1
- **Jobs reported:** 122
## Lender
- **Originating:** Guaranty Bank & Trust Company
- **Servicing:** Guaranty Bank & Trust Company (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*