PPP Loan information for Solomon oil company

$24,400

Solomon oil company was initially approved for PPP Loan of amount $24,400, the current approved amount is $24,400. The loan was approved on 04/10/2020 by The Peoples Bank reported 4 jobs and $24,400 was used to fund payroll.

Solomon oil company is Existing or more than 2 years old

SOLOMON OIL COMPANY

Date Approved

04/10/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

SOLOMON OIL COMPANY

Borrower Address

7195 ALMA TERRACE DR

Borrower City

NEW ALBANY

Borrower State

OH

Borrower Zip

43054-7028

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24400.00

Current Approval Amount

24400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ALBANY

Project County Name

FRANKLIN

Project State

OH

Project Zip

43054-7028

CD

OH-03

Jobs Reported

4

NAICS Code

447110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18300.00

Mortgage Interest Proceed

0.00

Rent Proceed

6100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

24585.71

Forgiveness Date

01/27/2021

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