# PPP loan: GIER OIL COMPANY INC
> **$1.17M** approved 04/03/2020 · Paid in Full · Loan `4453527009`
## Borrower
- **Name:** GIER OIL COMPANY INC
- **Address:** 301 E 8TH ST, ELDON, MO, 65026-2556
- **NAICS:** 447110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.17M
- **Initial approval:** $1.17M
- **Forgiven:** $1.18M (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $879K
- **Rent:** $146K
- **Utilities:** $146K
- **Jobs reported:** 250
## Lender
- **Originating:** The Central Trust Bank
- **Servicing:** The Central Trust Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*