PPP Loan information for American gas & oil, inc.

$2,421,165

American gas & oil, inc. was initially approved for PPP Loan of amount $2,421,165, the current approved amount is $2,421,165. The loan was approved on 04/10/2020 by The ChoiceOne Bank reported 466 jobs and $2,421,165 was used to fund payroll.

American gas & oil, inc. is Existing or more than 2 years old

AMERICAN GAS & OIL, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN GAS & OIL, INC.

Borrower Address

440 West DIVISION ST

Borrower City

SPARTA

Borrower State

MI

Borrower Zip

49345-1044

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2421165.00

Current Approval Amount

2421165.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPARTA

Project County Name

KENT

Project State

MI

Project Zip

49345-1044

CD

MI-03

Jobs Reported

466

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2421165.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2449024.98

Forgiveness Date

06/09/2021

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