# PPP loan: PETRO TRAVEL CENTER
> **$868K** approved 04/10/2020 · Paid in Full · Loan `2216057105`
## Borrower
- **Name:** PETRO TRAVEL CENTER
- **Address:** 426 AL HWY 69S, HANCEVILLE, AL, 35077
- **NAICS:** 445120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $868K
- **Initial approval:** $868K
- **Forgiven:** $879K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $647K
- **Rent:** $121K
- **Utilities:** $100K
- **Jobs reported:** 173
## Lender
- **Originating:** Peoples Bank of Alabama
- **Servicing:** Peoples Bank of Alabama (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*