# PPP loan: GRESHAM PETROLEUM COMPANY
> **$1.16M** approved 02/02/2021 · Paid in Full · Loan `1727428407`
## Borrower
- **Name:** GRESHAM PETROLEUM COMPANY
- **Address:** 415 Pershing Ave, Indianola, MS, 38751-3150
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.16M
- **Utilities:** $1
- **Jobs reported:** 89
## Lender
- **Originating:** Planters Bank & Trust Company
- **Servicing:** Planters Bank & Trust Company (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*