PPP Loan information for Olde town fuel oil co. inc.

$32,000

Olde town fuel oil co. inc. was initially approved for PPP Loan of amount $32,000, the current approved amount is $32,000. The loan was approved on 01/28/2021 by The Salem Five Cents Savings Bank reported 3 jobs and $32,000 was used to fund payroll.

Olde town fuel oil co. inc. is Existing or more than 2 years old

PPP Loan Search / MA / Groveland / Olde town fuel oil co. inc.

OLDE TOWN FUEL OIL CO. INC.

Date Approved

01/28/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

OLDE TOWN FUEL OIL CO. INC.

Borrower Address

16 Evergreen Ln

Borrower City

Groveland

Borrower State

MA

Borrower Zip

01834-2033

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32000.00

Current Approval Amount

32000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Groveland

Project County Name

ESSEX

Project State

MA

Project Zip

01834-2033

CD

MA-06

Jobs Reported

3

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

31998.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32164.44

Forgiveness Date

08/03/2021

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