# PPP loan: BUMGARNER OIL COMPANY
> **$334K** approved 05/05/2020 · Paid in Full · Loan `2230337407`
## Borrower
- **Name:** BUMGARNER OIL COMPANY
- **Address:** 2004 HIGHLAND AVE, HICKORY, NC, 28601-4336
- **NAICS:** 236118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $764K
- **Forgiven:** $340K (102%)
- **Forgiveness date:** 04/07/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $334K
- **Jobs reported:** 10
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*