PPP Loan information for Industrial oils, inc.

$464,900

Industrial oils, inc. was initially approved for PPP Loan of amount $464,900, the current approved amount is $464,900. The loan was approved on 04/08/2020 by The SouthWest Bank reported 45 jobs and $464,900 was used to fund payroll.

Industrial oils, inc. is Existing or more than 2 years old

PPP Loan Search / TX / MIDLAND / Industrial oils, inc.

INDUSTRIAL OILS, INC.

Date Approved

04/08/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

INDUSTRIAL OILS, INC.

Borrower Address

2 W INDUSTRIAL LOOP

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79701-8519

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

464900.00

Current Approval Amount

464900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72181

Servicing Lender Name

SouthWest Bank

Servicing Lender Address

4800 E 42nd St

Servicing Lender City

ODESSA

Servicing Lender State

TX

Servicing Lender Zip

79762-7214

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79701-8519

CD

TX-11

Jobs Reported

45

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

464900.00

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

72181

Originating Lender

SouthWest Bank

Originating Lender City

ODESSA

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

468799.99

Forgiveness Date

02/18/2021

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