# PPP loan: PETERSBURG OIL COMPANY
> **$287K** approved 02/12/2021 · Paid in Full · Loan `7964958403`
## Borrower
- **Name:** PETERSBURG OIL COMPANY
- **Address:** 112 S Grove St, Petersburg, WV, 26847-1769
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 07/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $287K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Burke and Herbert Bank and Trust Company
- **Servicing:** Burke & Herbert Bank & Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*