# PPP loan: OIL RECOVERY COMPANY, INC.
> **$464K** approved 04/08/2020 · Paid in Full · Loan `8217697010`
## Borrower
- **Name:** OIL RECOVERY COMPANY, INC.
- **Address:** 1101 S CONCEPTION ST, MOBILE, AL, 36603-2043
- **NAICS:** 211120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $464K
- **Initial approval:** $464K
- **Forgiven:** $468K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $464K
- **Jobs reported:** 35
## Lender
- **Originating:** Century Bank
- **Servicing:** Century Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*