# PPP loan: MARC NELSON OIL PRODUCTS INC
> **$632K** approved 05/01/2020 · Paid in Full · Loan `8766337304`
## Borrower
- **Name:** MARC NELSON OIL PRODUCTS INC
- **Address:** 1977 CLAXTER RD NE, SALEM, OR, 97301-0388
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $632K
- **Initial approval:** $632K
- **Forgiven:** $635K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $632K
- **Jobs reported:** 45
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*