# PPP loan: OIL CENTER RESEARCH LLC
> **$420K** approved 02/25/2021 · Paid in Full · Loan `4198158504`
## Borrower
- **Name:** OIL CENTER RESEARCH LLC
- **Address:** 106 Montrose Ave, Lafayette, LA, 70503-3820
- **NAICS:** 424720
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $422K (100%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $420K
- **Jobs reported:** 22
## Lender
- **Originating:** Farmers-Merchants Bank & Trust Company
- **Servicing:** Farmers-Merchants Bank & Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*