# PPP loan: AMERICAN PETROLEUM CO INC
> **$680K** approved 02/04/2021 · Paid in Full · Loan `3058778408`
## Borrower
- **Name:** AMERICAN PETROLEUM CO INC
- **Address:** CARR 865 KM 0.2, TOA BAJA, PR, 00951
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $680K
- **Initial approval:** $680K
- **Forgiven:** $686K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $680K
- **Utilities:** $1
- **Jobs reported:** 100
## Lender
- **Originating:** FirstBank Puerto Rico
- **Servicing:** FirstBank Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*