PPP Loan information for Folk oil company, inc.

$1,267,200

Folk oil company, inc. was initially approved for PPP Loan of amount $1,267,200, the current approved amount is $1,267,200. The loan was approved on 04/10/2020 by The The Huntington National Bank reported 192 jobs and $1,267,200 was used to fund payroll.

Folk oil company, inc. is Existing or more than 2 years old

PPP Loan Search / MI / HOMER / Folk oil company, inc.

FOLK OIL COMPANY, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FOLK OIL COMPANY, INC.

Borrower Address

203 West Main St.

Borrower City

HOMER

Borrower State

MI

Borrower Zip

49245-1045

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1267200.00

Current Approval Amount

1267200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOMER

Project County Name

CALHOUN

Project State

MI

Project Zip

49245-1045

CD

MI-05

Jobs Reported

192

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1267200.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1276365.50

Forgiveness Date

01/14/2021

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