# PPP loan: PENLEY OIL COMPANY
> **$188K** approved 02/05/2021 · Paid in Full · Loan `4045018409`
## Borrower
- **Name:** PENLEY OIL COMPANY
- **Address:** 2627 W Reno Ave, Oklahoma City, OK, 73107-6841
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $188K (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $188K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** First National Bank of Oklahoma
- **Servicing:** First National Bank of Oklahoma (OK)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*