# PPP loan: G&G OIL CO. OF INDIANA,INC
> **$274K** approved 04/14/2020 · Paid in Full · Loan `7245357103`
## Borrower
- **Name:** G&G OIL CO. OF INDIANA,INC
- **Address:** 220 CENTENNIAL AVE, MUNCIE, IN, 47303-2902
- **NAICS:** 454310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $276K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Utilities:** $15K
- **Jobs reported:** 26
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*