# PPP loan: MAJOR BRANDS OIL COMPANY, INC.
> **$388K** approved 04/03/2020 · Paid in Full · Loan `4503567009`
## Borrower
- **Name:** MAJOR BRANDS OIL COMPANY, INC.
- **Address:** 462 W 23RD ST, HOLLAND, MI, 49423-4022
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $392K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $388K
- **Jobs reported:** 25
## Lender
- **Originating:** Macatawa Bank
- **Servicing:** Macatawa Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*