# PPP loan: HOME OIL COMPANY, INC.
> **$1.10M** approved 04/13/2020 · Paid in Full · Loan `4742087102`
## Borrower
- **Name:** HOME OIL COMPANY, INC.
- **Address:** 5744 US HIGHWAY 84, COWARTS, AL, 36321-4202
- **NAICS:** 445120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.11M (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Rent:** $100K
- **Mortgage interest:** $100K
- **Utilities:** $100K
- **Jobs reported:** 230
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*