PPP Loan information for Shore's oil company inc

$124,285

Shore's oil company inc was initially approved for PPP Loan of amount $124,285, the current approved amount is $124,285. The loan was approved on 04/16/2020 by The First Merchants Bank reported 12 jobs and $124,285 was used to fund payroll.

Shore's oil company inc is Existing or more than 2 years old

PPP Loan Search / IN / MODOC / Shore's oil company inc

SHORE'S OIL COMPANY INC

Date Approved

04/16/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SHORE'S OIL COMPANY INC

Borrower Address

245 N ELM ST

Borrower City

MODOC

Borrower State

IN

Borrower Zip

47358-9353

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124285.00

Current Approval Amount

124285.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MODOC

Project County Name

RANDOLPH

Project State

IN

Project Zip

47358-9353

CD

IN-06

Jobs Reported

12

NAICS Code

424720

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

124285.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126569.80

Forgiveness Date

02/23/2022

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