# PPP loan: SOLFUELS USA, INC.
> **$373K** approved 04/28/2020 · Paid in Full · Loan `1865207304`
## Borrower
- **Name:** SOLFUELS USA, INC.
- **Address:** 1463 HIGHWAY 20, HELENA, AR, 72342-8000
- **NAICS:** 325199
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $373K
- **Initial approval:** $373K
- **Forgiven:** $378K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Rent:** $56K
- **Utilities:** $37K
- **Jobs reported:** 41
## Lender
- **Originating:** Southern Bancorp Bank
- **Servicing:** Southern Bancorp Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*