# PPP loan: HAYWOOD OIL COMPANY, INCORPORATED
> **$275K** approved 04/07/2020 · Paid in Full · Loan `6943827007`
## Borrower
- **Name:** HAYWOOD OIL COMPANY, INCORPORATED
- **Address:** 2707 ASHEVILLE RD, WAYNESVILLE, NC, 28786-2723
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $211K
- **Rent:** $5K
- **Utilities:** $3K
- **Health care:** $32K
- **Debt interest:** $24K
- **Jobs reported:** 205
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*