PPP Loan information for Sippin brothers oil company, inc.

$1,022,900

Sippin brothers oil company, inc. was initially approved for PPP Loan of amount $1,022,900, the current approved amount is $1,022,900. The loan was approved on 04/03/2020 by The Newtown Savings Bank reported 62 jobs and $1,022,900 was used to fund payroll.

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

SIPPIN BROTHERS OIL COMPANY, INC.

Date Approved

04/03/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SIPPIN BROTHERS OIL COMPANY, INC.

Borrower Address

234 Main Street

Borrower City

MONROE

Borrower State

CT

Borrower Zip

06468-1162

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1022900.00

Current Approval Amount

1022900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16403

Servicing Lender Name

Newtown Savings Bank

Servicing Lender Address

39 Main St

Servicing Lender City

NEWTOWN

Servicing Lender State

CT

Servicing Lender Zip

06470-2134

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONROE

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06468-1162

CD

CT-04

Jobs Reported

62

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1022900.00

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

16403

Originating Lender

Newtown Savings Bank

Originating Lender City

NEWTOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1028525.95

Forgiveness Date

11/03/2020

;