PPP Loan information for Chronister oil company inc.

$858,480

Chronister oil company inc. was initially approved for PPP Loan of amount $858,480, the current approved amount is $858,480. The loan was approved on 01/23/2021 by The Morton Community Bank reported 118 jobs and $858,480 was used to fund payroll.

Chronister oil company inc. is Existing or more than 2 years old

PPP Loan Search / IL / Springfield / Chronister oil company inc.

CHRONISTER OIL COMPANY INC.

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CHRONISTER OIL COMPANY INC.

Borrower Address

2026 N Republic St

Borrower City

Springfield

Borrower State

IL

Borrower Zip

62702-1850

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

858480.00

Current Approval Amount

858480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

SANGAMON

Project State

IL

Project Zip

62702-1850

CD

IL-13

Jobs Reported

118

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

858480.00

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

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

864322.43

Forgiveness Date

10/04/2021

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