PPP Loan information for Downing propane & oil inc

$47,800

Downing propane & oil inc was initially approved for PPP Loan of amount $47,800, the current approved amount is $47,800. The loan was approved on 04/28/2020 by The Bank of Commerce reported 6 jobs and $47,800 was used to fund payroll.

Downing propane & oil inc is Existing or more than 2 years old

PPP Loan Search / OK / LOCUST GROVE / Downing propane & oil inc

DOWNING PROPANE & OIL INC

Date Approved

04/28/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

DOWNING PROPANE & OIL INC

Borrower Address

PO Box 138

Borrower City

LOCUST GROVE

Borrower State

OK

Borrower Zip

74352-0308

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47800.00

Current Approval Amount

47800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58831

Servicing Lender Name

Bank of Commerce

Servicing Lender Address

322 W 6th St

Servicing Lender City

CHELSEA

Servicing Lender State

OK

Servicing Lender Zip

74016-1638

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOCUST GROVE

Project County Name

MAYES

Project State

OK

Project Zip

74352-0308

CD

OK-02

Jobs Reported

6

NAICS Code

424710

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47800.00

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

58831

Originating Lender

Bank of Commerce

Originating Lender City

CHELSEA

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48148.35

Forgiveness Date

02/01/2021

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