# PPP loan: NATIONAL OIL & GAS INC
> **$1.16M** approved 04/06/2020 · Paid in Full · Loan `5890947009`
## Borrower
- **Name:** NATIONAL OIL & GAS INC
- **Address:** 2829 STATE ROAD 124, BLUFFTON, IN, 46714-9375
- **NAICS:** 424710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $925K
- **Health care:** $231K
- **Jobs reported:** 40
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*