# PPP loan: WEBB'S OIL COMPANY INCORPORATED
> **$348K** approved 01/29/2021 · Paid in Full · Loan `8429208306`
## Borrower
- **Name:** WEBB'S OIL COMPANY INCORPORATED
- **Address:** 8223 Reservoir Rd, Roanoke, VA, 24019-6939
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $348K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*