# PPP loan: PALUCA PETROLEUM INC.
> **$252K** approved 02/03/2021 · Paid in Full · Loan `2032648401`
## Borrower
- **Name:** PALUCA PETROLEUM INC.
- **Address:** 225 Kingsberry Rd, Holdenville, OK, 74848-9201
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $253K (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $251K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*