# PPP loan: MARTIN EAGLE OIL COMPANY, INC.
> **$258K** approved 04/07/2020 · Paid in Full · Loan `6668747001`
## Borrower
- **Name:** MARTIN EAGLE OIL COMPANY, INC.
- **Address:** 2700 JAMES ST, DENTON, TX, 76205-7662
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $157K
- **Rent:** $75K
- **Utilities:** $25K
- **Jobs reported:** 23
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*