PPP Loan information for G&g oil co. of indiana,inc

$274,300

G&g oil co. of indiana,inc was initially approved for PPP Loan of amount $274,300, the current approved amount is $274,300. The loan was approved on 04/14/2020 by The Northwest Bank reported 26 jobs and $274,300 was used to fund payroll.

G&g oil co. of indiana,inc is Existing or more than 2 years old

G&G OIL CO. OF INDIANA,INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

G&G OIL CO. OF INDIANA,INC

Borrower Address

220 CENTENNIAL AVE

Borrower City

MUNCIE

Borrower State

IN

Borrower Zip

47303-2902

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

274300.00

Current Approval Amount

274300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MUNCIE

Project County Name

DELAWARE

Project State

IN

Project Zip

47303-2902

CD

IN-05

Jobs Reported

26

NAICS Code

454310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14768.00

Payroll Proceed

259532.00

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

275855.62

Forgiveness Date

11/12/2020

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