PPP Loan information for Burch oil co., inc

$1,793,198

Burch oil co., inc was initially approved for PPP Loan of amount $1,793,198, the current approved amount is $1,793,198. The loan was approved on 04/15/2020 by The Community Bank of the Chesapeake reported 372 jobs and $1,793,198 was used to fund payroll.

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

PPP Loan Search / MD / HOLLYWOOD / Burch oil co., inc

BURCH OIL CO., INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BURCH OIL CO., INC

Borrower Address

24660 THREE NOTCH RD

Borrower City

HOLLYWOOD

Borrower State

MD

Borrower Zip

20636-2981

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1793197.52

Current Approval Amount

1793197.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLYWOOD

Project County Name

SAINT MARYS

Project State

MD

Project Zip

20636-2981

CD

MD-05

Jobs Reported

372

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1793197.52

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

Corporation

Originating Lender Location Id

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1808722.19

Forgiveness Date

03/10/2021

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