PPP Loan information for Elliot oil company

$991,995

Elliot oil company was initially approved for PPP Loan of amount $991,995, the current approved amount is $991,995. The loan was approved on 04/09/2020 by The MidWestOne Bank reported 220 jobs and $991,995 was used to fund payroll.

Elliot oil company is Existing or more than 2 years old

ELLIOT OIL COMPANY

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ELLIOT OIL COMPANY

Borrower Address

207 W. 2ND ST

Borrower City

OTTUMWA

Borrower State

IA

Borrower Zip

52501-2504

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

991995.00

Current Approval Amount

991995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OTTUMWA

Project County Name

WAPELLO

Project State

IA

Project Zip

52501-2504

CD

IA-03

Jobs Reported

220

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

991995.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

997698.97

Forgiveness Date

11/12/2020

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