PPP Loan information for Lanman oil company, inc.

$352,400

Lanman oil company, inc. was initially approved for PPP Loan of amount $352,400, the current approved amount is $352,400. The loan was approved on 04/04/2020 by The First Mid Bank & Trust, National Association reported 48 jobs and $352,400 was used to fund payroll.

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

PPP Loan Search / IL / MATTOON / Lanman oil company, inc.

LANMAN OIL COMPANY, INC.

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LANMAN OIL COMPANY, INC.

Borrower Address

10943 ECR 900N

Borrower City

MATTOON

Borrower State

IL

Borrower Zip

61938-1111

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

352400.00

Current Approval Amount

352400.00

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

61938-1111

CD

IL-15

Jobs Reported

48

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

44050.00

Payroll Proceed

264300.00

Mortgage Interest Proceed

0.00

Rent Proceed

44050.00

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

354768.91

Forgiveness Date

12/09/2020

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