# PPP loan: HALY OIL & ACQUISITION COMPANY, INC.
> **$501K** approved 04/05/2020 · Paid in Full · Loan `5211577004`
## Borrower
- **Name:** HALY OIL & ACQUISITION COMPANY, INC.
- **Address:** 57 Lancaster Ave, MALVERN, PA, 19355
- **NAICS:** 454310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $501K
- **Jobs reported:** 40
## Lender
- **Originating:** First Resource Bank
- **Servicing:** First Resource Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*