PPP Loan information for Medway oil & propane inc

$320,000

Medway oil & propane inc was initially approved for PPP Loan of amount $320,000, the current approved amount is $320,000. The loan was approved on 04/10/2020 by The Rockland Trust Company reported 30 jobs and $320,000 was used to fund payroll.

Medway oil & propane inc is Existing or more than 2 years old

MEDWAY OIL & PROPANE INC

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MEDWAY OIL & PROPANE INC

Borrower Address

37 BROAD ST

Borrower City

MEDWAY

Borrower State

MA

Borrower Zip

02053-1120

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

320000.00

Current Approval Amount

320000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEDWAY

Project County Name

NORFOLK

Project State

MA

Project Zip

02053-1120

CD

MA-02

Jobs Reported

30

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

320000.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

322266.67

Forgiveness Date

12/30/2020

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