# PPP loan: AMERICAN GAS & OIL, INC.
> **$2.42M** approved 04/10/2020 · Paid in Full · Loan `1855397104`
## Borrower
- **Name:** AMERICAN GAS & OIL, INC.
- **Address:** 440 West DIVISION ST, SPARTA, MI, 49345-1044
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.42M
- **Initial approval:** $2.42M
- **Forgiven:** $2.45M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.42M
- **Jobs reported:** 466
## Lender
- **Originating:** ChoiceOne Bank
- **Servicing:** ChoiceOne Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*