# PPP loan: SAVEWAY PETROLEUM, INC
> **$497K** approved 04/29/2020 · Paid in Full · Loan `3491387305`
## Borrower
- **Name:** SAVEWAY PETROLEUM, INC
- **Address:** PO BOX 900, DANIELSON, CT, 06239-0900
- **NAICS:** 454310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $497K
- **Initial approval:** $497K
- **Forgiven:** $500K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $497K
- **Jobs reported:** 50
## Lender
- **Originating:** bankHometown
- **Servicing:** bankHometown (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*