# PPP loan: PETROLEUM PRODUCTS & SERVICES, INC.
> **$498K** approved 04/13/2020 · Paid in Full · Loan `4884467104`
## Borrower
- **Name:** PETROLEUM PRODUCTS & SERVICES, INC.
- **Address:** 23518 Coos Rd, TOMBALL, TX, 77375-8202
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $498K
- **Initial approval:** $497K
- **Forgiven:** $227K (45%)
- **Forgiveness date:** 03/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $498K
- **Jobs reported:** 34
## Lender
- **Originating:** Amerant Bank, National Association
- **Servicing:** Amerant Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*