PPP Loan information for 7 oil company inc

$1,045,600

7 oil company inc was initially approved for PPP Loan of amount $1,045,600, the current approved amount is $1,045,600. The loan was approved on 03/31/2021 by The Citizens Bank, National Association reported 80 jobs and $1,045,600 was used to fund payroll.

7 oil company inc is Existing or more than 2 years old

PPP Loan Search / NJ / Cinnaminson / 7 oil company inc

7 OIL COMPANY INC

Date Approved

03/31/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

7 OIL COMPANY INC

Borrower Address

1708 Union Landing Rd

Borrower City

Cinnaminson

Borrower State

NJ

Borrower Zip

08077-2530

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1045600.00

Current Approval Amount

1045600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cinnaminson

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08077-2530

CD

NJ-03

Jobs Reported

80

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1045598.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1056027.35

Forgiveness Date

04/05/2022

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