# PPP loan: HIGH FALLS OIL COMPANY, INC.
> **$227K** approved 04/09/2020 · Paid in Full · Loan `8948837008`
## Borrower
- **Name:** HIGH FALLS OIL COMPANY, INC.
- **Address:** 1611 NC HWY 22 PO BOX 29, HIGHFALLS, NC, 27259
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $227K
- **Jobs reported:** 88
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*