# PPP loan: LOMBARDI OIL COMPANY INC.
> **$180K** approved 03/16/2021 · Paid in Full · Loan `3340228607`
## Borrower
- **Name:** LOMBARDI OIL COMPANY INC.
- **Address:** 16 Perry Way, Newburyport, MA, 01950-4001
- **NAICS:** 454310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (100%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $180K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Newburyport Five Cents Savings Bank
- **Servicing:** Newburyport Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*