# PPP loan: INDEPENDENT LUBES, INC.
> **$193K** approved 04/10/2020 · Paid in Full · Loan `2488767110`
## Borrower
- **Name:** INDEPENDENT LUBES, INC.
- **Address:** 3227 BEACH BLVD, JACKSONVILLE, FL, 32207-3711
- **NAICS:** 811191
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Rent:** $6K
- **Mortgage interest:** $15K
- **Utilities:** $17K
- **Jobs reported:** 27
## Lender
- **Originating:** Pineland Bank
- **Servicing:** Pineland Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*