PPP Loan information for Lowery oil company inc

$211,712

Lowery oil company inc was initially approved for PPP Loan of amount $211,712, the current approved amount is $211,712. The loan was approved on 03/13/2021 by The Oconee Federal Savings & Loan Association reported 36 jobs and $211,712 was used to fund payroll.

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

LOWERY OIL COMPANY INC

Date Approved

03/13/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

LOWERY OIL COMPANY INC

Borrower Address

313 Old Salem Rd

Borrower City

Seneca

Borrower State

SC

Borrower Zip

29672-2330

Loan Status Date

06/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

211711.85

Current Approval Amount

211711.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

86153

Servicing Lender Name

Oconee Federal Savings & Loan Association

Servicing Lender Address

115 E North 2nd St

Servicing Lender City

SENECA

Servicing Lender State

SC

Servicing Lender Zip

29678-3201

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Seneca

Project County Name

OCONEE

Project State

SC

Project Zip

29672-2330

CD

SC-03

Jobs Reported

36

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

211709.85

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

86153

Originating Lender

Oconee Federal Savings & Loan Association

Originating Lender City

SENECA

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

214228.87

Forgiveness Date

05/18/2022

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