# PPP loan: SPEED'S OIL TOOL SERVICE, INC.
> **$382K** approved 04/28/2020 · Paid in Full · Loan `7967427200`
## Borrower
- **Name:** SPEED'S OIL TOOL SERVICE, INC.
- **Address:** 1573 E BETTERAVIA RD, SANTA MARIA, CA, 93456-0276
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $387K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $329K
- **Rent:** $21K
- **Health care:** $33K
- **Jobs reported:** 29
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*