# PPP loan: FRANKEN OIL & DISTRIBUTING COMPANY
> **$297K** approved 01/22/2021 · Paid in Full · Loan `3974768302`
## Borrower
- **Name:** FRANKEN OIL & DISTRIBUTING COMPANY
- **Address:** 1025 Douglas Ave, Las Vegas, NM, 87701-4483
- **NAICS:** 441320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $297K
- **Jobs reported:** 45
## Lender
- **Originating:** Community 1st Bank Las Vegas
- **Servicing:** Community 1st Bank Las Vegas (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*