PPP Loan information for Franken oil & distributing company

$296,625

Franken oil & distributing company was initially approved for PPP Loan of amount $296,625, the current approved amount is $296,625. The loan was approved on 01/22/2021 by The Community 1st Bank Las Vegas reported 45 jobs and $296,625 was used to fund payroll.

Franken oil & distributing company is Existing or more than 2 years old

PPP Loan Search / NM / Las Vegas / Franken oil & distributing company

FRANKEN OIL & DISTRIBUTING COMPANY

Date Approved

01/22/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

FRANKEN OIL & DISTRIBUTING COMPANY

Borrower Address

1025 Douglas Ave

Borrower City

Las Vegas

Borrower State

NM

Borrower Zip

87701-4483

Loan Status Date

03/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

296625.00

Current Approval Amount

296625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45818

Servicing Lender Name

Community 1st Bank Las Vegas

Servicing Lender Address

600 Douglass Ave

Servicing Lender City

LAS VEGAS

Servicing Lender State

NM

Servicing Lender Zip

87701-3927

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Las Vegas

Project County Name

SAN MIGUEL

Project State

NM

Project Zip

87701-4483

CD

NM-03

Jobs Reported

45

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

296625.00

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

45818

Originating Lender

Community 1st Bank Las Vegas

Originating Lender City

LAS VEGAS

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

299046.76

Forgiveness Date

12/01/2021

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