PPP Loan information for Drees oil co., inc.

$181,396

Drees oil co., inc. was initially approved for PPP Loan of amount $181,396, the current approved amount is $181,396. The loan was approved on 04/08/2020 by The Iowa Savings Bank reported 11 jobs and $181,396 was used to fund payroll.

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

DREES OIL CO., INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DREES OIL CO., INC.

Borrower Address

1257 W US HIGHWAY 30

Borrower City

CARROLL

Borrower State

IA

Borrower Zip

51401-3322

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181395.92

Current Approval Amount

181395.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24796

Servicing Lender Name

Iowa Savings Bank

Servicing Lender Address

510 W US Hwy 30

Servicing Lender City

CARROLL

Servicing Lender State

IA

Servicing Lender Zip

51401-2248

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARROLL

Project County Name

CARROLL

Project State

IA

Project Zip

51401-3322

CD

IA-04

Jobs Reported

11

NAICS Code

454390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

181395.92

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

24796

Originating Lender

Iowa Savings Bank

Originating Lender City

CARROLL

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

182403.68

Forgiveness Date

11/03/2020

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