# PPP loan: WESTERN OIL, INC.
> **$348K** approved 04/04/2020 · Paid in Full · Loan `4677517005`
## Borrower
- **Name:** WESTERN OIL, INC.
- **Address:** 1 Duchess Way PO Box 518, LINCOLN, RI, 02865-2632
- **NAICS:** 454310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Rent:** $45K
- **Utilities:** $23K
- **Jobs reported:** 21
## Lender
- **Originating:** Navigant CU
- **Servicing:** Navigant CU (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*