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

$239,620

Ridderman & sons oil co., inc. was initially approved for PPP Loan of amount $239,620, the current approved amount is $239,620. The loan was approved on 04/08/2020 by The Southern Michigan Bank & Trust reported 46 jobs and $239,620 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

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RIDDERMAN & SONS OIL CO., INC.

Borrower Address

10425 N 17TH ST

Borrower City

PLAINWELL

Borrower State

MI

Borrower Zip

49080-8606

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

239620.00

Current Approval Amount

239620.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLAINWELL

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49080-8606

CD

MI-06

Jobs Reported

46

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

239620.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

242134.37

Forgiveness Date

05/06/2021

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