# PPP loan: MOTOR OIL SUPPLY COMPANY
> **$454K** approved 04/30/2020 · Paid in Full · Loan `6687517302`
## Borrower
- **Name:** MOTOR OIL SUPPLY COMPANY
- **Address:** 1123 4th Ave N, KENT, WA, 98032
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $454K
- **Initial approval:** $454K
- **Forgiven:** $459K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $390K
- **Rent:** $54K
- **Utilities:** $9K
- **Jobs reported:** 30
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*