PPP Loan information for Skoglund oil company inc

$443,400

Skoglund oil company inc was initially approved for PPP Loan of amount $443,400, the current approved amount is $443,400. The loan was approved on 04/07/2020 by The MidWestOne Bank reported 53 jobs and $443,400 was used to fund payroll.

Skoglund oil company inc is New Business or 2 years or less

PPP Loan Search / WI / NEW RICHMOND / Skoglund oil company inc

SKOGLUND OIL COMPANY INC

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SKOGLUND OIL COMPANY INC

Borrower Address

1985 145th Street

Borrower City

NEW RICHMOND

Borrower State

WI

Borrower Zip

54017-7217

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

443400.00

Current Approval Amount

443400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEW RICHMOND

Project County Name

SAINT CROIX

Project State

WI

Project Zip

54017-7217

CD

WI-07

Jobs Reported

53

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27712.50

Payroll Proceed

332550.00

Mortgage Interest Proceed

27712.50

Rent Proceed

27712.50

Refinance EIDL Proceed

0.00

Health Care Proceed

27712.50

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

446429.90

Forgiveness Date

12/21/2020

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