# PPP loan: CHAMPION PETROLEUM INC
> **$170K** approved 04/27/2020 · Paid in Full · Loan `4799917201`
## Borrower
- **Name:** CHAMPION PETROLEUM INC
- **Address:** JULIO N MATOS INDUSTRIAL PARK LOTE 26 BO MARTIN GONZALEZ, CAROLINA, PR, 00987
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Jobs reported:** 18
## Lender
- **Originating:** Oriental Bank
- **Servicing:** Oriental Bank (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*