PPP Loan information for Eastern oil company

$612,247

Eastern oil company was initially approved for PPP Loan of amount $612,247, the current approved amount is $612,247. The loan was approved on 02/13/2021 by The Loan Source Incorporated reported 45 jobs and $612,247 was used to fund payroll.

Eastern oil company is Existing or more than 2 years old

PPP Loan Search / MI / Pontiac / Eastern oil company

EASTERN OIL COMPANY

Date Approved

02/13/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

EASTERN OIL COMPANY

Borrower Address

590 S Paddock St

Borrower City

Pontiac

Borrower State

MI

Borrower Zip

48341-3236

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

612247.00

Current Approval Amount

612247.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pontiac

Project County Name

OAKLAND

Project State

MI

Project Zip

48341-3236

CD

MI-11

Jobs Reported

45

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

612244.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

617144.98

Forgiveness Date

12/08/2021

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