# PPP loan: O.I.L.P., INC.
> **$637K** approved 04/10/2020 · Paid in Full · Loan `1813027100`
## Borrower
- **Name:** O.I.L.P., INC.
- **Address:** 3950 marcola road, SPRINGFIELD, OR, 97477-7948
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $637K
- **Initial approval:** $637K
- **Forgiven:** $641K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $385K
- **Utilities:** $45K
- **Health care:** $172K
- **Debt interest:** $35K
- **Jobs reported:** 42
## Lender
- **Originating:** Oregon Pacific Banking Company dba Oregon Pacific Bank
- **Servicing:** Oregon Pacific Banking Company dba Oregon Pacific Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*