PPP Loan information for Loe's oil co.

$89,540

Loe's oil co. was initially approved for PPP Loan of amount $89,540, the current approved amount is $89,540. The loan was approved on 03/17/2021 by The Frandsen Bank & Trust reported 8 jobs and $89,540 was used to fund payroll.

Loe's oil co. is Existing or more than 2 years old

PPP Loan Search / MN / North Mankato / Loe's oil co.

LOE'S OIL CO.

Date Approved

03/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LOE'S OIL CO.

Borrower Address

40563 520th St

Borrower City

North Mankato

Borrower State

MN

Borrower Zip

56003-4280

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89540.00

Current Approval Amount

89540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Mankato

Project County Name

NICOLLET

Project State

MN

Project Zip

56003-4280

CD

MN-01

Jobs Reported

8

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89540.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

89797.58

Forgiveness Date

07/12/2021

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