PPP Loan information for Oil equipment sales & service co., inc

$250,000

Oil equipment sales & service co., inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 01/17/2021 by The ABNB FCU reported 17 jobs and $250,000 was used to fund payroll.

Oil equipment sales & service co., inc is Existing or more than 2 years old

OIL EQUIPMENT SALES & SERVICE CO., INC

Date Approved

01/17/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

OIL EQUIPMENT SALES & SERVICE CO., INC

Borrower Address

4331 Bainbridge Blvd

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23324-1407

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107222

Servicing Lender Name

ABNB FCU

Servicing Lender Address

830 Greenbrier Circle

Servicing Lender City

CHESAPEAKE

Servicing Lender State

VA

Servicing Lender Zip

23320-2624

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23324-1407

CD

VA-03

Jobs Reported

17

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

249999.00

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

107222

Originating Lender

ABNB FCU

Originating Lender City

CHESAPEAKE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

252294.52

Forgiveness Date

12/23/2021

;