# PPP loan: ABEL OIL CO., INC.
> **$1.48M** approved 04/06/2020 · Paid in Full · Loan `6012947010`
## Borrower
- **Name:** ABEL OIL CO., INC.
- **Address:** 10406 HIGHWAY 79, LOUISIANA, MO, 63353-4159
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.48M
- **Initial approval:** $1.48M
- **Forgiven:** $1.49M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.48M
- **Jobs reported:** 186
## Lender
- **Originating:** HNB National Bank
- **Servicing:** HNB National Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*