PPP Loan information for Sovell oil inc

$29,395

Sovell oil inc was initially approved for PPP Loan of amount $29,395, the current approved amount is $29,395. The loan was approved on 01/30/2021 by The BankWest, Inc reported 3 jobs and $29,395 was used to fund payroll.

Sovell oil inc is Existing or more than 2 years old

SOVELL OIL INC

Date Approved

01/30/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

SOVELL OIL INC

Borrower Address

701 Ash Ave

Borrower City

Onida

Borrower State

SD

Borrower Zip

57564

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29395.00

Current Approval Amount

29395.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66573

Servicing Lender Name

BankWest, Inc

Servicing Lender Address

420 S Pierre St

Servicing Lender City

PIERRE

Servicing Lender State

SD

Servicing Lender Zip

57501-3224

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Onida

Project County Name

SULLY

Project State

SD

Project Zip

57564

CD

SD-

Jobs Reported

3

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

29393.00

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

66573

Originating Lender

BankWest, Inc

Originating Lender City

PIERRE

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29525.47

Forgiveness Date

07/19/2021

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