# PPP loan: DAVID WEBER OIL COMPANY
> **$322K** approved 04/28/2020 · Paid in Full · Loan `6439767210`
## Borrower
- **Name:** DAVID WEBER OIL COMPANY
- **Address:** 601 INDUSTRIAL RD, CARLSTADT, NJ, 07072-1611
- **NAICS:** 324191
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $284K
- **Rent:** $30K
- **Utilities:** $8K
- **Jobs reported:** 23
## Lender
- **Originating:** TrustBank
- **Servicing:** TrustBank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*