PPP Loan information for East side oil co., inc

$180,000

East side oil co., inc was initially approved for PPP Loan of amount $247,440, the current approved amount is $180,000. The loan was approved on 04/06/2020 by The Sentry Bank reported 20 jobs and $180,000 was used to fund payroll.

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

EAST SIDE OIL CO., INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EAST SIDE OIL CO., INC

Borrower Address

625 Lincoln Ave SE

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56304-0249

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247440.00

Current Approval Amount

180000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38828

Servicing Lender Name

Sentry Bank

Servicing Lender Address

400 4th Ave NE

Servicing Lender City

SAINT JOSEPH

Servicing Lender State

MN

Servicing Lender Zip

56374-8644

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

SHERBURNE

Project State

MN

Project Zip

56304-0249

CD

MN-06

Jobs Reported

20

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18000.00

Payroll Proceed

144000.00

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38828

Originating Lender

Sentry Bank

Originating Lender City

SAINT JOSEPH

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

181085.00

Forgiveness Date

11/27/2020

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