PPP Loan information for Sheller oil company, inc.

$256,300

Sheller oil company, inc. was initially approved for PPP Loan of amount $256,300, the current approved amount is $256,300. The loan was approved on 04/13/2020 by The Somerset Trust Company reported 24 jobs and $256,300 was used to fund payroll.

Sheller oil company, inc. is Existing or more than 2 years old

SHELLER OIL COMPANY, INC.

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SHELLER OIL COMPANY, INC.

Borrower Address

603 Montgomery Avenue

Borrower City

WEST CHESTER

Borrower State

PA

Borrower Zip

19380-4450

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256300.00

Current Approval Amount

256300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65337

Servicing Lender Name

Somerset Trust Company

Servicing Lender Address

151 W Main St

Servicing Lender City

SOMERSET

Servicing Lender State

PA

Servicing Lender Zip

15501-2041

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST CHESTER

Project County Name

CHESTER

Project State

PA

Project Zip

19380-4450

CD

PA-06

Jobs Reported

24

NAICS Code

424710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

256300.00

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

65337

Originating Lender

Somerset Trust Company

Originating Lender City

SOMERSET

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

258715.54

Forgiveness Date

04/02/2021

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