# PPP loan: BLU PETROLEUM  INC.
> **$475K** approved 01/22/2021 · Paid in Full · Loan `4127108307`
## Borrower
- **Name:** BLU PETROLEUM  INC.
- **Address:** 21402 W Il Route 60, Mundelein, IL, 60060-9524
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $475K
- **Initial approval:** $475K
- **Forgiven:** $480K (101%)
- **Forgiveness date:** 02/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $475K
- **Jobs reported:** 35
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*