PPP Loan information for Illinois & michigan oil llc

$457,800

Illinois & michigan oil llc was initially approved for PPP Loan of amount $457,800, the current approved amount is $457,800. The loan was approved on 04/04/2020 by The LincolnWay Community Bank reported 33 jobs and $457,800 was used to fund payroll.

Illinois & michigan oil llc is Existing or more than 2 years old

ILLINOIS & MICHIGAN OIL LLC

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ILLINOIS & MICHIGAN OIL LLC

Borrower Address

724 RAILROAD STREET

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60436-9501

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

457800.00

Current Approval Amount

457800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

435260

Servicing Lender Name

LincolnWay Community Bank

Servicing Lender Address

1000 E Lincoln Hwy

Servicing Lender City

NEW LENOX

Servicing Lender State

IL

Servicing Lender Zip

60451-2145

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60436-9501

CD

IL-14

Jobs Reported

33

NAICS Code

483211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

45780.00

Payroll Proceed

366240.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45780.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

435260

Originating Lender

LincolnWay Community Bank

Originating Lender City

NEW LENOX

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

450560.41

Forgiveness Date

11/27/2020

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