PPP Loan information for Ridderman & sons oil co., inc.

$276,800

Ridderman & sons oil co., inc. was initially approved for PPP Loan of amount $276,800, the current approved amount is $276,800. The loan was approved on 01/16/2021 by The Southern Michigan Bank & Trust reported 46 jobs and $276,800 was used to fund payroll.

Ridderman & sons oil co., inc. is Existing or more than 2 years old

RIDDERMAN & SONS OIL CO., INC.

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RIDDERMAN & SONS OIL CO., INC.

Borrower Address

950 Industrial Pkwy

Borrower City

Plainwell

Borrower State

MI

Borrower Zip

49080-1402

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

276800.00

Current Approval Amount

276800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plainwell

Project County Name

ALLEGAN

Project State

MI

Project Zip

49080-1402

CD

MI-06

Jobs Reported

46

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

276800.00

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

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

279188.82

Forgiveness Date

12/06/2021

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