# PPP loan: PETROLEUM CONTAINMENT, INC.
> **$700K** approved 04/08/2020 · Paid in Full · Loan `8288777007`
## Borrower
- **Name:** PETROLEUM CONTAINMENT, INC.
- **Address:** 8873 WESTERN WAY, JACKSONVILLE, FL, 32256-0367
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $714K (102%)
- **Forgiveness date:** 03/29/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $525K
- **Mortgage interest:** $58K
- **Utilities:** $58K
- **Debt interest:** $58K
- **Jobs reported:** 98
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*