PPP Loan information for Spencer oil company

$511,200

Spencer oil company was initially approved for PPP Loan of amount $511,200, the current approved amount is $511,200. The loan was approved on 03/30/2021 by The Eastern Michigan Bank reported 44 jobs and $511,200 was used to fund payroll.

Spencer oil company is Existing or more than 2 years old

PPP Loan Search / MI / Roseville / Spencer oil company

SPENCER OIL COMPANY

Date Approved

03/30/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SPENCER OIL COMPANY

Borrower Address

16410 Common Rd

Borrower City

Roseville

Borrower State

MI

Borrower Zip

48066-5903

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

511200.00

Current Approval Amount

511200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Roseville

Project County Name

MACOMB

Project State

MI

Project Zip

48066-5903

CD

MI-10

Jobs Reported

44

NAICS Code

424710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

511198.00

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

Corporation

Originating Lender Location Id

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

515331.62

Forgiveness Date

02/02/2022

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