PPP Loan information for Lowry oil company inc

$202,247

Lowry oil company inc was initially approved for PPP Loan of amount $202,247, the current approved amount is $202,247. The loan was approved on 04/15/2020 by The Oconee Federal Savings & Loan Association reported 38 jobs and $202,247 was used to fund payroll.

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

LOWRY OIL COMPANY INC

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

LOWRY OIL COMPANY INC

Borrower Address

313 Old Salem Road

Borrower City

SENECA

Borrower State

SC

Borrower Zip

29672-2330

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202247.00

Current Approval Amount

202247.00

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

38

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5562.00

Payroll Proceed

151685.00

Mortgage Interest Proceed

0.00

Rent Proceed

45000.00

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

204033.52

Forgiveness Date

03/08/2021

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