# PPP loan: PETROLEUM EQUIPMENT INSTITUTE
> **$304K** approved 02/07/2021 · Paid in Full · Loan `4949468407`
## Borrower
- **Name:** PETROLEUM EQUIPMENT INSTITUTE
- **Address:** 6514 E 69th St, Tulsa, OK, 74133-1729
- **NAICS:** 813910
- **Business type:** 501(c)6 ¿ Non Profit Membership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $304K
- **Initial approval:** $304K
- **Forgiven:** $305K (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $304K
- **Jobs reported:** 10
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*