# PPP loan: BURCH OIL CO., INC
> **$1.79M** approved 04/15/2020 · Paid in Full · Loan `9137627103`
## Borrower
- **Name:** BURCH OIL CO., INC
- **Address:** 24660 THREE NOTCH RD, HOLLYWOOD, MD, 20636-2981
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.79M
- **Initial approval:** $1.79M
- **Forgiven:** $1.81M (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.79M
- **Jobs reported:** 372
## Lender
- **Originating:** Shore United Bank, National Association
- **Servicing:** Shore United Bank, National Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*