PPP Loan information for Powers oil co, inc

$54,597

Powers oil co, inc was initially approved for PPP Loan of amount $54,597, the current approved amount is $54,597. The loan was approved on 04/28/2020 by The The First National Bank in Sioux Falls reported 18 jobs and $54,597 was used to fund payroll.

Powers oil co, inc is Existing or more than 2 years old

PPP Loan Search / SD / FLANDREAU / Powers oil co, inc

POWERS OIL CO, INC

Date Approved

04/28/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

POWERS OIL CO, INC

Borrower Address

510 E Pipestone Ave

Borrower City

FLANDREAU

Borrower State

SD

Borrower Zip

57028-1841

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54596.50

Current Approval Amount

54596.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66602

Servicing Lender Name

The First National Bank in Sioux Falls

Servicing Lender Address

100 S Phillips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6745

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLANDREAU

Project County Name

MOODY

Project State

SD

Project Zip

57028-1841

CD

SD-

Jobs Reported

18

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54596.50

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

66602

Originating Lender

The First National Bank in Sioux Falls

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55097.59

Forgiveness Date

03/31/2021

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