# PPP loan: OILEX, INC.
> **$897K** approved 04/13/2020 · Paid in Full · Loan `5548517101`
## Borrower
- **Name:** OILEX, INC.
- **Address:** 7225 E Hampton Ave Suite C, DENVER, CO, 80224
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $897K
- **Initial approval:** $897K
- **Forgiven:** $905K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $897K
- **Jobs reported:** 113
## Lender
- **Originating:** First Interstate Bank
- **Servicing:** First Interstate Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*