PPP Loan information for Majestic oil inc

$144,570

Majestic oil inc was initially approved for PPP Loan of amount $144,570, the current approved amount is $144,570. The loan was approved on 02/25/2021 by The Fifth Third Bank reported 7 jobs and $144,570 was used to fund payroll.

Majestic oil inc is Existing or more than 2 years old

MAJESTIC OIL INC

Date Approved

02/25/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MAJESTIC OIL INC

Borrower Address

11725 S Pulaski Rd

Borrower City

Alsip

Borrower State

IL

Borrower Zip

60803-1605

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

144570.00

Current Approval Amount

144570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Alsip

Project County Name

COOK

Project State

IL

Project Zip

60803-1605

CD

IL-01

Jobs Reported

7

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

144564.00

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

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

145108.12

Forgiveness Date

07/16/2021

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