PPP Loan information for Ackerman oil co., inc

$293,000

Ackerman oil co., inc was initially approved for PPP Loan of amount $293,000, the current approved amount is $293,000. The loan was approved on 04/05/2020 by The German American Bank reported 18 jobs and $293,000 was used to fund payroll.

Ackerman oil co., inc is Existing or more than 2 years old

PPP Loan Search / IN / JASPER / Ackerman oil co., inc

ACKERMAN OIL CO., INC

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ACKERMAN OIL CO., INC

Borrower Address

2060 S LUBE WAY

Borrower City

JASPER

Borrower State

IN

Borrower Zip

47546-9524

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

293000.00

Current Approval Amount

293000.00

Undisbursed Amount

0.00

Franchise Name

Sunoco, LLC (Various Brands) Fuel Supply Agreement

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JASPER

Project County Name

DUBOIS

Project State

IN

Project Zip

47546-9524

CD

IN-08

Jobs Reported

18

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

293000.00

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

Sole Proprietorship

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

294910.52

Forgiveness Date

12/09/2020

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