# PPP loan: HOLLON OIL COMPANY
> **$557K** approved 02/12/2021 · Paid in Full · Loan `7989008407`
## Borrower
- **Name:** HOLLON OIL COMPANY
- **Address:** 1300 Davenport St, Weslaco, TX, 78596-6538
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $557K
- **Initial approval:** $557K
- **Forgiven:** $559K (100%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $557K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** Rio Bank
- **Servicing:** Rio Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*