# PPP loan: RUSSELL OIL COMPANY, INC.
> **$263K** approved 04/15/2020 · Paid in Full · Loan `8894547106`
## Borrower
- **Name:** RUSSELL OIL COMPANY, INC.
- **Address:** 222 SCHOOL HOUSE RD, LAPINE, AL, 36046-7015
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $210K
- **Utilities:** $10K
- **Health care:** $43K
- **Jobs reported:** 37
## Lender
- **Originating:** River Bank & Trust
- **Servicing:** River Bank & Trust (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*