# PPP loan: RKA PETROLEUM COMPANIES INC.
> **$464K** approved 04/28/2020 · Paid in Full · Loan `9321767208`
## Borrower
- **Name:** RKA PETROLEUM COMPANIES INC.
- **Address:** 28340 WICK ROAD, ROMULUS, MI, 48174-2639
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $464K
- **Initial approval:** $464K
- **Forgiven:** $468K (101%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $371K
- **Rent:** $79K
- **Utilities:** $14K
- **Jobs reported:** 34
## Lender
- **Originating:** Mi Bank
- **Servicing:** Mi Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*