PPP Loan information for Lanman oil co. inc.

$379,398

Lanman oil co. inc. was initially approved for PPP Loan of amount $379,398, the current approved amount is $379,398. The loan was approved on 03/28/2021 by The First Mid Bank & Trust, National Association reported 65 jobs and $379,398 was used to fund payroll.

Lanman oil co. inc. is Existing or more than 2 years old

LANMAN OIL CO. INC.

Date Approved

03/28/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

LANMAN OIL CO. INC.

Borrower Address

10943 E County Road 900N

Borrower City

Mattoon

Borrower State

IL

Borrower Zip

61938-3600

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

379398.00

Current Approval Amount

379398.00

Undisbursed Amount

0.00

Franchise Name

AM/PM Mini-Mart Agreement - ARCO Fuel - Contract Dealer Gasoline Agreement (BP West Coast Products)

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mattoon

Project County Name

COLES

Project State

IL

Project Zip

61938-3600

CD

IL-15

Jobs Reported

65

NAICS Code

424710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

379396.00

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

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

380652.12

Forgiveness Date

07/30/2021

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