PPP Loan information for Staples oil co inc

$514,500

Staples oil co inc was initially approved for PPP Loan of amount $514,500, the current approved amount is $514,500. The loan was approved on 01/23/2021 by The Cherokee State Bank reported 265 jobs and $514,500 was used to fund payroll.

Staples oil co inc is Existing or more than 2 years old

PPP Loan Search / MN / Windom / Staples oil co inc

STAPLES OIL CO INC

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

STAPLES OIL CO INC

Borrower Address

1680 N Redding Ave

Borrower City

Windom

Borrower State

MN

Borrower Zip

56101-1297

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

514500.00

Current Approval Amount

514500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24759

Servicing Lender Name

Cherokee State Bank

Servicing Lender Address

212 W Willow St

Servicing Lender City

CHEROKEE

Servicing Lender State

IA

Servicing Lender Zip

51012-1857

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Windom

Project County Name

COTTONWOOD

Project State

MN

Project Zip

56101-1297

CD

MN-07

Jobs Reported

265

NAICS Code

424720

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

514495.00

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

24759

Originating Lender

Cherokee State Bank

Originating Lender City

CHEROKEE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

518940.21

Forgiveness Date

12/23/2021

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