# PPP loan: F & P PETROLEUM LLC
> **$242K** approved 03/16/2021 · Paid in Full · Loan `3313618600`
## Borrower
- **Name:** F & P PETROLEUM LLC
- **Address:** 25 Spring Run Dr, Fairhope, AL, 36532-1925
- **NAICS:** 213111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $242K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** SmartBank
- **Servicing:** SmartBank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*