# PPP loan: FABIAN OIL INC
> **$1.70M** approved 04/07/2020 · Paid in Full · Loan `7571507008`
## Borrower
- **Name:** FABIAN OIL INC
- **Address:** 20 Oak Street, Oakland, ME, 04963-3316
- **NAICS:** 454310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.70M
- **Initial approval:** $1.70M
- **Forgiven:** $1.71M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.70M
- **Jobs reported:** 174
## Lender
- **Originating:** Kennebec Savings Bank
- **Servicing:** Kennebec Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*