# PPP loan: BUCHANAN OIL & L.P. GAS, INC.
> **$202K** approved 04/09/2020 · Paid in Full · Loan `9722607000`
## Borrower
- **Name:** BUCHANAN OIL & L.P. GAS, INC.
- **Address:** 539 N HIGHWAY 25, TRAVELERS REST, SC, 29690-9363
- **NAICS:** 424710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $136K
- **Rent:** $39K
- **Utilities:** $2K
- **Health care:** $26K
- **Jobs reported:** 18
## Lender
- **Originating:** Bank of Travelers Rest
- **Servicing:** Bank of Travelers Rest (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*