PPP Loan information for Chemco oil inc

$55,723

Chemco oil inc was initially approved for PPP Loan of amount $55,723, the current approved amount is $55,723. The loan was approved on 04/28/2020 by The The State Bank reported 8 jobs and $55,723 was used to fund payroll.

Chemco oil inc is Existing or more than 2 years old

CHEMCO OIL INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHEMCO OIL INC

Borrower Address

G-4247 Dort Hwy PO Box 324

Borrower City

Burton

Borrower State

MI

Borrower Zip

48529

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55723.00

Current Approval Amount

55723.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burton

Project County Name

GENESEE

Project State

MI

Project Zip

48529-0899

CD

MI-08

Jobs Reported

8

NAICS Code

423910

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55723.00

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

Corporation

Originating Lender Location Id

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

56487.86

Forgiveness Date

09/20/2021

;