PPP Loan information for Paxson oil company

$388,135

Paxson oil company was initially approved for PPP Loan of amount $388,135, the current approved amount is $388,135. The loan was approved on 01/31/2021 by The The Huntington National Bank reported 57 jobs and $388,135 was used to fund payroll.

Paxson oil company is Existing or more than 2 years old

PAXSON OIL COMPANY

Date Approved

01/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PAXSON OIL COMPANY

Borrower Address

6395 Normandy Dr

Borrower City

Saginaw

Borrower State

MI

Borrower Zip

48638-4352

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

388135.00

Current Approval Amount

388135.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saginaw

Project County Name

SAGINAW

Project State

MI

Project Zip

48638-4352

CD

MI-08

Jobs Reported

57

NAICS Code

424610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

388135.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

390442.54

Forgiveness Date

09/15/2021

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