# PPP loan: UNITED OIL CORPORATION
> **$667K** approved 04/07/2020 · Paid in Full · Loan `7362757006`
## Borrower
- **Name:** UNITED OIL CORPORATION
- **Address:** 1609 Business 30 East, COLUMBIA CITY, IN, 46725-7540
- **NAICS:** 424710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $667K
- **Initial approval:** $667K
- **Forgiven:** $674K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $396K
- **Rent:** $9K
- **Utilities:** $7K
- **Health care:** $104K
- **Debt interest:** $151K
- **Jobs reported:** 51
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*