PPP Loan information for Economy oil change, inc.

$195,900

Economy oil change, inc. was initially approved for PPP Loan of amount $195,900, the current approved amount is $195,900. The loan was approved on 04/08/2020 by The Webster Bank National Association reported 15 jobs and $195,900 was used to fund payroll.

Economy oil change, inc. is Existing or more than 2 years old

ECONOMY OIL CHANGE, INC.

Date Approved

04/08/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ECONOMY OIL CHANGE, INC.

Borrower Address

315 BROAD ST

Borrower City

MANCHESTER

Borrower State

CT

Borrower Zip

06040-4036

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195900.00

Current Approval Amount

195900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MANCHESTER

Project County Name

HARTFORD

Project State

CT

Project Zip

06040-4036

CD

CT-01

Jobs Reported

15

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

195900.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197429.63

Forgiveness Date

01/26/2021

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