# PPP loan: THE CAVINS CO AND CAVINS OIL W
> **$982K** approved 04/07/2020 · Paid in Full · Loan `7298907008`
## Borrower
- **Name:** THE CAVINS CO AND CAVINS OIL W
- **Address:** 2853 CHERRY AVE, SIGNAL HILL, CA, 90755-1908
- **NAICS:** 333132
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $982K
- **Initial approval:** $982K
- **Forgiven:** $994K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $812K
- **Health care:** $170K
- **Jobs reported:** 58
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*