# PPP loan: NEW ENGLAND OIL CO,INC.
> **$405K** approved 04/06/2020 · Paid in Full · Loan `6220757006`
## Borrower
- **Name:** NEW ENGLAND OIL CO,INC.
- **Address:** 469 West PUTNAM AVE, GREENWICH, CT, 06830-6060
- **NAICS:** 454310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $405K
- **Initial approval:** $405K
- **Forgiven:** $408K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $405K
- **Jobs reported:** 46
## Lender
- **Originating:** The First Bank of Greenwich
- **Servicing:** The First Bank of Greenwich (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*