PPP Loan information for Densmore oil company inc

$168,085

Densmore oil company inc was initially approved for PPP Loan of amount $168,085, the current approved amount is $168,085. The loan was approved on 04/09/2020 by The Chelsea Groton Bank reported 12 jobs and $168,085 was used to fund payroll.

Densmore oil company inc is Existing or more than 2 years old

PPP Loan Search / CT / MYSTIC / Densmore oil company inc

DENSMORE OIL COMPANY INC

Date Approved

04/09/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

DENSMORE OIL COMPANY INC

Borrower Address

1 WATER ST

Borrower City

MYSTIC

Borrower State

CT

Borrower Zip

06355-2507

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

168085.00

Current Approval Amount

168085.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MYSTIC

Project County Name

NEW LONDON

Project State

CT

Project Zip

06355-2507

CD

CT-02

Jobs Reported

12

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16808.50

Payroll Proceed

134468.00

Mortgage Interest Proceed

0.00

Rent Proceed

16808.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

169061.27

Forgiveness Date

11/17/2020

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