# PPP loan: BIG OIL & TIRE CO.
> **$300K** approved 04/07/2020 · Paid in Full · Loan `7252867003`
## Borrower
- **Name:** BIG OIL & TIRE CO.
- **Address:** 1125 16th st ste 210, ARCATA, CA, 95521-5580
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 45
## Lender
- **Originating:** Redwood Capital Bank
- **Servicing:** Redwood Capital Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*