PPP Loan information for King oil, inc

$69,262

King oil, inc was initially approved for PPP Loan of amount $69,262, the current approved amount is $69,262. The loan was approved on 04/11/2020 by The Horizon Bank reported 6 jobs and $69,262 was used to fund payroll.

King oil, inc is Existing or more than 2 years old

PPP Loan Search / IN / WALTON / King oil, inc

KING OIL, INC

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

KING OIL, INC

Borrower Address

P.O. Box371

Borrower City

WALTON

Borrower State

IN

Borrower Zip

46994

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69262.00

Current Approval Amount

69262.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALTON

Project County Name

CASS

Project State

IN

Project Zip

46994-0001

CD

IN-02

Jobs Reported

6

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4617.47

Payroll Proceed

55409.60

Mortgage Interest Proceed

4617.47

Rent Proceed

4617.46

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

69696.55

Forgiveness Date

12/17/2020

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