# PPP loan: KING LOGISTIC OIL, LLC
> **$403K** approved 08/07/2020 · Paid in Full · Loan `5492258200`
## Borrower
- **Name:** KING LOGISTIC OIL, LLC
- **Address:** 5024 W STEEL DRIVER RD, HOBBS, NM, 88240-0849
- **NAICS:** 484121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $403K
- **Initial approval:** $403K
- **Forgiven:** $408K (101%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $403K
- **Jobs reported:** 20
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*