# PPP loan: PETROLEX II LLC
> **$1.22M** approved 02/25/2021 · Paid in Full · Loan `4135818504`
## Borrower
- **Name:** PETROLEX II LLC
- **Address:** 99 Crescent St, Worcester, MA, 01605-2406
- **NAICS:** 454310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 12/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.22M
- **Utilities:** $1
- **Jobs reported:** 85
## Lender
- **Originating:** Bank Rhode Island
- **Servicing:** Bank Rhode Island (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*