# PPP loan: AMG PETROLEUM, INC.
> **$260K** approved 04/15/2020 · Paid in Full · Loan `9477377107`
## Borrower
- **Name:** AMG PETROLEUM, INC.
- **Address:** 1580 Oakland Rd, Suite C 207, SAN JOSE, CA, 95131
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Jobs reported:** 30
## Lender
- **Originating:** Heritage Bank of Commerce
- **Servicing:** Heritage Bank of Commerce (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*