PPP Loan information for Oil city iron works, inc.

$2,671,480

Oil city iron works, inc. was initially approved for PPP Loan of amount $2,671,480, the current approved amount is $2,671,480. The loan was approved on 04/07/2020 by The Community National Bank & Trust of Texas reported 209 jobs and $2,671,480 was used to fund payroll.

Oil city iron works, inc. is Existing or more than 2 years old

PPP Loan Search / TX / CORSICANA / Oil city iron works, inc.

OIL CITY IRON WORKS, INC.

Date Approved

04/07/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

OIL CITY IRON WORKS, INC.

Borrower Address

814 S. MAIN ST

Borrower City

CORSICANA

Borrower State

TX

Borrower Zip

75110-7231

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2671480.00

Current Approval Amount

2671480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69248

Servicing Lender Name

Community National Bank & Trust of Texas

Servicing Lender Address

321 N 15th St

Servicing Lender City

CORSICANA

Servicing Lender State

TX

Servicing Lender Zip

75110-4511

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORSICANA

Project County Name

NAVARRO

Project State

TX

Project Zip

75110-7231

CD

TX-06

Jobs Reported

209

NAICS Code

333132

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2671480.00

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

69248

Originating Lender

Community National Bank & Trust of Texas

Originating Lender City

CORSICANA

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2702869.89

Forgiveness Date

06/11/2021

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