PPP Loan information for Oil recovery, inc

$136,964

Oil recovery, inc was initially approved for PPP Loan of amount $136,964, the current approved amount is $136,964. The loan was approved on 04/11/2020 by The First National Bank of Decatur County reported 7 jobs and $136,964 was used to fund payroll.

Oil recovery, inc is Existing or more than 2 years old

OIL RECOVERY, INC

Date Approved

04/11/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

OIL RECOVERY, INC

Borrower Address

272 POWELL ST

Borrower City

CAMILLA

Borrower State

GA

Borrower Zip

31730-3967

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136963.57

Current Approval Amount

136963.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

377984

Servicing Lender Name

First National Bank of Decatur County

Servicing Lender Address

819 E Shotwell St

Servicing Lender City

BAINBRIDGE

Servicing Lender State

GA

Servicing Lender Zip

39819-4145

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMILLA

Project County Name

MITCHELL

Project State

GA

Project Zip

31730-3967

CD

GA-02

Jobs Reported

7

NAICS Code

324110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

136963.57

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

377984

Originating Lender

First National Bank of Decatur County

Originating Lender City

BAINBRIDGE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138169.61

Forgiveness Date

02/23/2021

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