PPP Loan information for Herbst oil inc.

$48,400

Herbst oil inc. was initially approved for PPP Loan of amount $48,400, the current approved amount is $48,400. The loan was approved on 04/08/2020 by The State Bank of Newburg reported 5 jobs and $48,400 was used to fund payroll.

Herbst oil inc. is Existing or more than 2 years old

HERBST OIL INC.

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

HERBST OIL INC.

Borrower Address

230 S ORCHARD

Borrower City

Thiensville

Borrower State

WI

Borrower Zip

53092-6026

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48400.00

Current Approval Amount

48400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76575

Servicing Lender Name

State Bank of Newburg

Servicing Lender Address

300 Congress Dr Hwy 33

Servicing Lender City

NEWBURG

Servicing Lender State

WI

Servicing Lender Zip

53060

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Thiensville

Project County Name

OZAUKEE

Project State

WI

Project Zip

53092-6026

CD

WI-06

Jobs Reported

5

NAICS Code

454310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48400.00

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

76575

Originating Lender

State Bank of Newburg

Originating Lender City

NEWBURG

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48732.08

Forgiveness Date

12/23/2020

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