PPP Loan information for Oilquip inc

$401,000

Oilquip inc was initially approved for PPP Loan of amount $401,000, the current approved amount is $401,000. The loan was approved on 04/27/2020 by The Investar Bank, National Association reported 30 jobs and $401,000 was used to fund payroll.

Oilquip inc is Existing or more than 2 years old

OILQUIP INC

Date Approved

04/27/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

OILQUIP INC

Borrower Address

1001 First Ave

Borrower City

Lake Charles

Borrower State

LA

Borrower Zip

70601

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

401000.00

Current Approval Amount

401000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

442411

Servicing Lender Name

Investar Bank, National Association

Servicing Lender Address

7244 Perkins Rd

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70808-4323

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lake Charles

Project County Name

CALCASIEU

Project State

LA

Project Zip

70601-0001

CD

LA-03

Jobs Reported

30

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

401000.00

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

442411

Originating Lender

Investar Bank, National Association

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

403054.44

Forgiveness Date

11/03/2020

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