# PPP loan: PETROLEUM EQUIPMENT COMPANY
> **$316K** approved 04/04/2020 · Paid in Full · Loan `4803197007`
## Borrower
- **Name:** PETROLEUM EQUIPMENT COMPANY
- **Address:** 405 40TH AVE, NASHVILLE, TN, 37209-3745
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $316K
- **Jobs reported:** 27
## Lender
- **Originating:** Cross Keys Bank
- **Servicing:** Cross Keys Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*