PPP Loan information for Sappington crude oil, inc

$54,400

Sappington crude oil, inc was initially approved for PPP Loan of amount $54,400, the current approved amount is $54,400. The loan was approved on 04/09/2020 by The Mercantile Bank reported 6 jobs and $54,400 was used to fund payroll.

Sappington crude oil, inc is Existing or more than 2 years old

SAPPINGTON CRUDE OIL, INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SAPPINGTON CRUDE OIL, INC

Borrower Address

123 N 6th Street

Borrower City

WEST BRANCH

Borrower State

MI

Borrower Zip

48661-1263

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54400.00

Current Approval Amount

54400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BRANCH

Project County Name

OGEMAW

Project State

MI

Project Zip

48661-1263

CD

MI-01

Jobs Reported

6

NAICS Code

211120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

940.20

Payroll Proceed

49895.00

Mortgage Interest Proceed

564.80

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54805.39

Forgiveness Date

01/12/2021

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