# PPP loan: PENNQUEST OIL CORPORATION
> **$518K** approved 04/16/2020 · Paid in Full · Loan `2830697207`
## Borrower
- **Name:** PENNQUEST OIL CORPORATION
- **Address:** 6608 STATE ROUTE 22, DELMONT, PA, 15626-2408
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $521K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $518K
- **Jobs reported:** 39
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*