PPP Loan information for Lincoln oil company inc

$120,500

Lincoln oil company inc was initially approved for PPP Loan of amount $120,500, the current approved amount is $120,500. The loan was approved on 04/08/2020 by The Bank Rhode Island reported 12 jobs and $120,500 was used to fund payroll.

Lincoln oil company inc is Existing or more than 2 years old

LINCOLN OIL COMPANY INC

Date Approved

04/08/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

LINCOLN OIL COMPANY INC

Borrower Address

197 James P Murphy Highway

Borrower City

WEST WARWICK

Borrower State

RI

Borrower Zip

02893-2382

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120500.00

Current Approval Amount

120500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST WARWICK

Project County Name

KENT

Project State

RI

Project Zip

02893-2382

CD

RI-02

Jobs Reported

12

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

120500.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

121694.96

Forgiveness Date

04/14/2021

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